AG&P Pratham, an India arm of Singapore-based AG&P City Gas, is set to invest around Rs. 18,000 crore in city gas distribution (CGD) over the next eight years. The company is in talks with multiple suppliers -including GAIL India - for long-term natural gas supply deals for the southern states.
The firm is developing 12 CGD networks in India, covering 34 districts. Of the 12 geographical areas that the company has, five are in Karnataka, three in Tamil Nadu, two in Andhra Pradesh and one each in Kerala and Rajasthan.
BS
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