| City Gas Distribution (CGD) | CNG fuel stations, PNG supply to industrial, commercial, residential customers, and smart gas meters. | Extensive pipeline network, strategic JV partnerships, licensed presence in 53 regions, and leadership in clean fuel adoption. | Industrial, commercial enterprises, residential users, automotive sector (B2B and B2C). | PNG distribution and smart metering offer higher margins due to regulatory pricing and low operating costs. | 5412 | 100 | Revenue from gas sales and distribution charges, service fees, and meter installation. | Regulated tariffs for PNG and CNG sales; service fees based on consumption. | Government policies promoting clean fuel, infrastructure expansion, urbanization, and transportation shifts to CNG/EV. | Adani Total Gas, IndianOil-Adani Gas JV |
