Trisha Shetty (Editor)

Gujarat Gas Company

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Type
  
Public

Area served
  
India

Headquarters
  
Ahmedabad

Industry
  
Oil and gas

Key people
  
Hasmukh Shah, Chairman

Founded
  
1980

Gujarat Gas Company freelogozonecomDataLogoGujaratGasLogojpg

Traded as
  
BSE: 523477 NSE: GUJRATGAS

Products
  
Oil, petroleum and natural gas

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Gujarat Gas Company Limited (GGCL), is an Indian natural gas distribution company. Established in 1980, and headquartered in Ahmedabad, the company operates primarily in Gujarat.

Contents

History

GGCL was incorporated in 1980, and is in the business of procurement and distribution of natural gas. The company went public in October 1991, listing on the Bombay Stock Exchange and the National Stock Exchange. The BG Group acquired a majority stake in the company in 1997.

Operations

As of 2010, GGCL supplied piped natural gas to over 300,000 homes, commercial and industrial establishments across Gujarat. It operated over 3,700 kilometres (2,300 mi) of gas pipelines. It also operates dozens of CNG filling stations for natural gas vehicles.

In October 2012, the majority owner in the firm, BG Group, sold its 65% stake for a fee of around $470 million. The buyer was a unit of the state-run Gujarat State Petroleum Corporation.

References

Gujarat Gas Company Wikipedia