AG&P Pratham and THINK Gas have announced the merger of brand identities under a single brand, THINK Gas. The merged entity will now operate in 50 districts across 10 states, covering around 10 per cent of the country’s land mass. Additionally, it plans to invest $1 billion over the next eight years. The merger will mark the largest foreign direct investment in the greenfield city gas distribution industry.
Rising Tide: Trends and opportunities in maritime development
The Indian maritime sector has witnessed sustained momentum in recent years, driven by significant expansion in port capacity, proactive policy support, technological advancements and enhanced multimodal connectivity. These factors have collectively improved operational efficiency, streamlined […]
Indus Tower approves acquisition of telecom assets of Bharti Airtel and Bharti Hexacom
Indus Towers’ board has approved the acquisition of telecom assets from Bharti Airtel and Bharti Hexacom for up to Rs 33.08 billion through a slump sale. The transaction comprises the acquisition of passive infrastructure assets/telecom […]
Regulatory Roadblocks: CGD segment needs conducive environment to facilitate growth
The Petroleum and Natural Gas Regulatory Board (PNGRB), which came into existence in 2007, was empowered to authorise natural gas pipelines and city gas distribution (CGD) networks under Section 16 of the PNGRB Act in […]