Gujarat Gas Limited: GGL History, Share/Stock Price, News Updates
Gujarat Gas Limited is a Gujarat State Petroleum Corporation-owned Indian natural gas distribution company.
Gujarat Gas Limited: Gujarat Gas Limited is a Gujarat State Petroleum Corporation-owned Indian natural gas distribution company. The company was founded in 1980 and is headquartered in Ahmedabad. It mostly works in Gujarat. It is the largest city gas distribution company in India.
About Gujarat Gas Limited
Gujarat Gas Limited (GGL) is Today’s largest City Gas Distribution (CGD) Corporation in terms of sales volume, with 44 districts spread throughout six states (Gujarat, Maharashtra, Rajasthan, Haryana, Punjab, and Madhya Pradesh) and one union territory (Dadra & Nagar Haveli).
With over 17.40 lakh households, over 13,700 commercial clients, 721 CNG stations, 4,337 industrial units, and over 33,500 kilometers of natural gas pipeline network, GGL maintains its leadership position in the CGD business in terms of size and scope of operation. The overall gas volume of the company is around 9.75 mmscmd.
Accolades of Gujarat Gas Limited
Several awards have recently been bestowed upon the company. Gujarat Gas was named the Economic Times Energy Leadership Awards 2022 Star PSU of the Year. In addition, the company was named first in three Investor Relations categories in a recent poll conducted by Institutional Investor.
In a 2022 Asia Executive Team Ranking, Gujarat Gas was voted first in the “ESG,” Investor Relation Program, and Investor Relation Professional in the Power (Electric, Gas, and Water) sector by sell-side voters.
For the second year in a row, the company got Business Today’s Best CEO Award 2021 in the Emerging Companies category, as well as the Business Standard 2020 STAR PSU Award.
Commitment of Gujarat Gas Limited
In its extended GAs, GGL is committed to reaching out to every potential natural gas user. The merged entity’s size and scale enable it to achieve efficiency and successfully manage the sector’s revolutionary transformations. This significant increase in efficiency would benefit all essential stakeholders, including customers and shareholders. GGL is well-positioned to reinvigorate India’s ambition for natural gas.
Certifications Received By Gujarat Gas Limited
Gujarat Gas Limited (GGL) has received ISO certification for its Integrated QHSE (Quality, Health, Safety, and Environment) Management System.
The GGL integrated management system was originally certified in May 2018 by M/s. DNV GL and will be re-certified in April 2021 by M/s. ICS. GGL guarantees that all management decisions reflect the company’s Quality, Health, Safety, and Environment (QHSE) aims, and that the systems adhere to industry best practices.
GGL has obtained three certifications:
- Management System Certificate for the ISO 9001:2015 Quality Management System Standard
- System of Management ISO 14001:2015 Environmental Management System Certification
- ISO 45001:2018 Management System Certificate for Occupational Health and Safety Management System Standard