In 2007, GGCL
recorded a growth of 10 per cent in gas sales volumes.
The Business Standard said GGCL
managing director B S Shantharaju expects the initial stations will be commissioned later this year.
2 million)] to set up five CNG retail outlets in the three cities," said GGCL
commercial general manager Manu Verma.
12% interest in GGCL to GSPC Distribution Networks Ltd for about INR24.
The sale of its controlling stake in GGCL is pending regulatory clearance and is expected to close during the first half of next year.
GSPC s Managing Director Tapan Ray and GGCL s Managing Director Sugata Sircar signed the MoU which will come into effect until December 31, or the signing of the relevant Gas Sales Contracts (GSC), whichever is earlier.
8 mmscm of gas is been used by GGCL s customers on daily basis, of which nearly half is RLNG largely sourced through medium-term contracts or from spot markets.
addresses requirement of 4,04,000 industrial, commercial, domestic and CNG customers through its pipeline network and it supply CNG to nearly 200,000 vehicles through 56 retail outlets.