STOCKWATCH
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Gas Transmission/Marketing
MoU16 Apr 2024, 12:14 am

Gujarat Gas Ltd and Indian Oil Corporation Limited Sign Non-Binding MOU to Broaden Energy Solutions

AI Summary

Gujarat Gas Limited (GGL) and Indian Oil Corporation Limited (IOCL) have entered into a non-binding Memorandum of Understanding (MOU) to expand their partnership, aiming to offer a wider range of energy solutions to consumers. The agreements include IOCL providing liquid fuels and automotive lubricants, greases, and specialties at GGL outlets, as well as the establishment of CNG facilities at selected IOCL outlets and GGL setting up of CNG mother facilities at IOCL outlets.

Key Highlights

  • IOCL providing Liquid Fuels at GGL Outlets
  • IOCL supplying Automotive Lubricants, Greases, and Specialties at the GGL outlet
  • Setting up of CNG Facility at IOCL COCO Outlets
  • GGL setting up of CNG Mother Facility at IOCL Outlets
GUJGAS
Gas Transmission/Marketing
Gujarat Gas Ltd

Price Impact