Gujarat Gas has received the Petroleum and Natural Gas Regulatory Board’s approval to build, lay, operate, and expand city or local natural gas distribution networks in Panchmahal and Anand districts of Gujarat. It has 25 years or 300 months of infrastructure exclusivity, valid up to July 2041, and marketing exclusivity of five years, valid up to July 3, 2021, for both the networks. The stock may react positively to the development.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.