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June 8, 2010

GSPC Gas reaches daily gas sale of 3 mmscmd

Following the Gujarat government's mandate to Gujarat State Petroleum Corporation Limited (GSPC) to undertake city gas distribution project, the company's subsidiary GSPC Gas Company Limited has reached to around 1,50,000 PNG domestic customers as well as daily gas sale of 3 mmscmd in the state.

GSPC Gas Company, which supplies piped natural gas (PNG) to domestic, commercial or non-commercial and industrial customers, has so far covered 10 districts, 17 talukas and about 40 locations, from Vapi to Rajkot.

With daily gas sales volumes of 3.00 mmscmd, at present GSPC Gas has a base of approximately 1,50,067 domestic households, 629 commercial establishments, and 820 industrial customers. GSPC Gas is also operating 70 CNG stations across major part of Gujarat.
The company also provides natural gas to domestic, industrial, commercial and transportation segments, apart from city gas distribution projects.

The role of GSPC Gas in city gas distribution is being complemented by Gujarat State Petronet Ltd. (GSPL)'s gas grid of approximately 1,500 kms spread across Gujarat. At every location where the GSPL network ends, GSPC Gas' retail network starts.

GSPC Gas has achieved daily gas sale volume of 2 mmscmd on June 25, 2009 and in last 10 months; the daily sale has gone up to 3 mmscmd.

Similarly, GSPC Gas has touched 100,000 PNG domestic customer base on January 6, 2010 and in the current year has already added 50,000 PNG domestic customers at the rate of about 10,000 customers per month, making GSPC Gas the fastest growing city gas distribution company in India.

Source: Business Standard
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