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| Exchange Disseminated Time 07/07/2016 18:14:28 | Gujarat Gas Ltd has informed BSE that:
“Pursuant to the letter from the PNGRB dated July 04, 2016 for Grant of Authorisation to Gujarat Gas Limited (GGL) to lay, build, operate, or expand City or Local Natural Gas Distribution network (“CGD network”) for the Geographical Areas of Panchmahal District and Anand District (excluding the area already authorized) in the State of Gujarat, GGL has accepted both the authorisation in Schedule D of the PNGRB vide a confirmation letter to PNGRB on July 07, 2016.
As per the provisions of the PNGRB (Exclusivity for City or Local Natural Gas Distribution Networks) Regulation, 2008, GGL has been granted 300 months of infrastructure exclusivity i.e. valid up to July 03, 2041 and 60 months of marketing exclusivity valid up to July 03, 2021 for each of the CGD network. Further, the Authorised area for laying, building, operating or expanding the proposed CGD Network shall cover a geographical area of 3,304 sq. kms for Panchmahal District and 1,888.96 sq. kms for Anand District (excluding the area already authorized)." |
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