Reportedly, AG&P Pratham, the India arm of Singapore-based Atlantic Gulf & Pacific (AG&P) City Gas, is planning to invest more than Rs 90 billion in the city gas distribution (CGD) business. The investments would be towards construction of in steel pipelines, in polyethylene pipelines, setting up of compressed natural gas (CNG) stations, purchase of land parcels, among others.
AG&P Pratham has been authorised 12 geographical areas (GAs), and covers 34 districts of the country. It has 140 CNG operational stations across the country and 50 stations pending approvals from Petroleum and Explosives Safety Organization. To service its GAs or districts, the company has adopted a hub-and-spoke model. It is setting up mini-liquified natural gas facilities wherein the company brings LNG from the ports – Kochi, Dabhol or Dahej – and transports it into a cryogenic tanker to bring it into the GAs. Recently, the company inaugurated a CNG station at Bankapura , Haveri district, Karnataka