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.
Gujarat Gas gets nod for network
Published on
July 7, 2016 16:14