Gujarat Energy to enter compressed biogas with ₹100 crore plan, seeks JV partners
India's largest city gas distributor by volume plans 200 TPD of compressed biogas capacity and seeks joint venture partners, Moody's reports.
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what happened
Gujarat Energy Ltd, which ranks as India's top city gas supplier by volume, plans initial compressed biogas (CBG) capacity of about 200 tonnes per day. Half would be built in Gujarat and half outside the state, with individual plants of 10 to 20 tonnes per day. The company has issued an expression of interest for joint venture partners, holding a 49 per cent stake while partners take 51 per cent. Managing Director Avantika Singh said the project would support CBG blending and reduce reliance on imported LNG. The company is also exploring six LNG fuelling stations for heavy trucks.
why it matters
For markets the signal concerns gas sourcing: if built, the plants would let the company feed local biogas into its network and gradually cut its dependence on imported LNG. At about ₹100 crore the project is small, so its direct price impact is limited, but it shows how Indian gas distributors are diversifying supply.
tags
instruments
sources
- Gujarat Energy to foray into Compressed Bio-Gas space with ₹100 crore investment; seeks JV partners — Moody's, 7 November 2026 at 11:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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