Adani Gas to acquire CGD network in 3 geographical areas

With this acquisition, the sum total of geographical areas under Adani will reach 22.

Adani Gas has signed a definitive agreement to acquire 3 geographical areas – Ludhiana, Jalandhar and Kutch (East). With this acquisition, the sum total of geographical areas under Adani will reach 22.

The agreement has been signed with Jay Madhok Energy Private Limited, Jay Madhok Holdings Private Limited, lshar Gas Ludhiana Private Limited and lshar Gas Jalandhar Private Limited. This acquisition offers more than 1 million households, more than 7 lakhs CNG vehicles and a large number of industrial and commercial customers.


All 3 areas have high volume potential with respect to demand of over 6.5 MMSCMD over a period of 10 years. These GAs are under phase 1 of Bharat Mala Pariyojana by NHAI which shall further incentivise development and volume growth in these regions.
Ludhiana and Punjab are major industrial and commercial hubs with a very high-volume potential of CNG and PNG homes, and both placed in the vicinity of gas connectivity. Kutch (East) is well connected with pipeline and also equipped to occupy centre stage for the Industrial Development in Gujarat.

Suresh P Manglani, CEO, Adani Gas said, “These 3 geographical areas offer high PNG and CNG volumes together with excellent infrastructure growth opportunities. Adani Gas tally of geographical areas shall now increase to 22. This transformational acquisition shall allow AGL to supply cleaner fuels – PNG in fulfilling much-awaited aspirations of a large number of homes, commercial and industrial consumers, Gurudwara, hotels, restaurants and environment-friendly CNG to automotive consumers in Ludhiana, Jalandhar and Kutch (East) Gas. This initiative by AGL shall further support the vision of central and state governments to provide PNG and CNG to all.”

With the strong backing of Adani Gas, the residents of Ludhiana, Jalandhar and Kutch (East) shall also benefit from the CGD networks, operations, maintenance, digital and customer-centric approach with a continued focus on Health & Safety, community development and better returns to the stakeholders.