SGL at a Glance
Sabarmati Gas Ltd. (SGL) is a joint venture with BPCL, set up in 2006, for the development of city gas distribution networks in Gandhinagar, Sabarkantha and Mehsana districts of north Gujarat. We togather with our subsidiary GSPL hold 25% equity interest in SGL, BPCL holds another 25.0% and Institutional Investors collectively hold a 49.8% equity interest in SGL.
As of March, 2012, SGL has established 23 CNG stations and commission approximately 225 kilometers of steel pipeline network and 1650 kilometers of MDPE pipeline network. SGL has plan to set up another 30 CNG stations and laying of more than 200 KM of steel pipeline and 1500 KM of MDPE pipeline by 2014.
SGL has 61,000 domestic customers and 500 industrial and commercial customers as on March, 2012. Its current volume is 0.85 mmscmd and turnover is approx Rs.7000 million for the FY 2012.