Adani Gas, the city gas distribution (CGD) arm of Adani Group, looks to invest close to Rs 10,000 crore in the 15 geographical areas (GA) it won in the ninth and 10th rounds of CGD bidding. The company also looks to advance work on the Gujarat and Rajasthan GAs. “In the ninth and 10th rounds, we won 15 GAs.
One of these — close to Faridabad — has already gone into operation. Another should get operational soon,” said Suresh Manglani, chief executive officer, Adani Gas. The company added it has so far spent Rs 400 crore on these GAs and placed vendor ...
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