Gujarat Gas (GG) is one of India's largest player in the industrial gas segment and city gas distribution (CGD) with a dominant presence in Gujarat. It caters to the gas demand of ~3000 industrial consumers, ~5 lakh CNG vehicles and ~12 lakh households in Gujarat. Total volumes in FY17 were at 5.4 mmscmd with the industrial and retail segment contributing ~68% of total volumes. Gujarat Gas has been rapidly expanding its reach in Gujarat by way of securing licenses to expand its CGD network across five new areas, making it to 19 districts of Gujarat,...