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| Exchange Received Time 17/09/2018 19:14:33 Exchange Disseminated Time 17/09/2018 19:14:44 Time Taken 00:00:11 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby inform you that PNGRB has issued the letter dated dated 6th September 2018 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 Area of Narmada (Rajpipla) District in the State of Gujarat. GGL has accepted the authorisation in Schedule D of the PNGRB vide a confirmation letter to PNGRB on 17th September 2018.
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 September 05, 2043 and 96 months of marketing exclusivity valid up to September 05, 2026 for the CGD network. Further, the Authorised area for laying, building, operating or expanding the proposed CGD Network shall cover a geographical area of 2,817 sq. kms.
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