About Gujarat Gas Limited (GGL)

Gujarat Gas Limited (GGL) is a public limited company and a Government Company under section 2(45) of the Companies Act, 2013, listed on BSE and NSE, with its registered office at Gujarat Gas CNG Station, Sector 5/C, Gandhinagar – 382006, and corporate office at Infocity, Gandhinagar – 382009, Gujarat. 

Formerly known as GSPC Distribution Networks Limited, GGL’s present identity followed a court-sanctioned Scheme of Amalgamation that merged four transferor entities into the company with an appointed date of April 1, 2013; the name “Gujarat Gas Limited” took effect on May 15, 2015. The company is engaged in the Natural Gas Business in India, distributing gas from sources of supply to centres of demand and to end customers; it reports a single line of business of sale of natural gas.

GGL is India’s largest City Gas Distribution (CGD) company by sales volume, operating across 44 districts in six states—Gujarat, Maharashtra, Rajasthan, Haryana, Punjab and Madhya Pradesh—and one Union Territory (Dadra and Nagar Haveli). The company supplies natural gas to more than 22.6 lakh residential consumers, 15,682 commercial customers and over 4,430 industrial units through a pipeline network exceeding 42,000 kilometres, and operates 828 CNG stations . As disclosed, the company has no subsidiaries; it holds an interest in one associate company with a 49.94% stake.

Gujarat Gas Limited Milestone 

Key milestones include the 2015 High Court–sanctioned amalgamation (effective from March 30, 2015 order; appointed date April 1, 2013) and subsequent rebranding, alongside the company’s scale-up to become the largest CGD operator by volume and its wide multi-state footprint.

Gujarat Gas Limited Key Management

• Pankaj Joshi, IAS – Chairman
• Milind Torawane, IAS – Managing Director
• Rajesh Sivadasan – Chief Financial Officer
• Sandeep Dave – Company Secretary

Latest Updates on Gujarat Gas Limited (GGL)

• Composite Scheme of Arrangement and Amalgamation: The Board approved a scheme on August 30, 2024, involving amalgamation of GSPC, GSPL and GEL with GGL (appointed date April 1, 2024), followed by demerger of the gas transmission business into GSPL Transmission Limited with an appointed date of April 1, 2025; share exchange ratios were specified, stock exchanges issued “No Objection” observation letters, and an application has been filed with the Ministry of Corporate Affairs; the scheme remains subject to requisite approvals.
• Regulatory development: PNGRB issued a public notice in January 2025 on declaring 71 CGD networks as Common/Contract Carrier; 19 Geographical Areas are authorised to GGL. The company has responded to PNGRB’s notice and stakeholder views.
• Operational progress: During FY 2024-25, GGL connected about 1.51 lakh new PNG (Domestic) customers, commercialised 20 new CNG stations, achieved total volumes of 9.62 mmscmd, and recorded 12% annual growth in CNG volumes (3.06 mmscmd).
• Expansion model: The company advanced its Full Dealer Owned Dealer Operated (FDODO) scheme for CNG, executing approximately 60 agreements to fast-track station development .
• Credit ratings: CARE, CRISIL and India Ratings reaffirmed the company’s long-term ratings at AAA/Stable in 2024; CRISIL placed a Watch Developing at one point and later reaffirmed AAA/Stable on December 9, 2024.
• Business development: GGL decided to commence sourcing and sale of Propane/LPG to industrial customers as part of its aim to become a total energy solution provider.