Partnership21 Apr 2026, 05:31 pm
Rudra Gas signs CBG transport deal with GAIL & Gujarat Gas; Monthly billing ~₹1 Cr
AI Summary
Rudra Gas Enterprise Ltd has resolved to enter into a Tripartite Agreement with GAIL (India) Limited and Gujarat Gas Limited. This strategic business transaction involves Rudra Gas transporting Compressed Bio Gas (CBG) to Gujarat Gas Limited's retail outlets. The agreement, currently in its pre-operative stage with terms being finalized, is set to be valid until December 31, 2047. The company anticipates a monthly billing of approximately ₹1 Crore based on current pricing. A comprehensive final disclosure will be provided upon formal execution of the agreement.
Key Highlights
- Rudra Gas to enter tripartite agreement with GAIL and Gujarat Gas.
- Contract for transporting Compressed Bio Gas (CBG) awarded.
- Agreement tenure extends until December 31, 2047.
- Estimated monthly billing is approximately ₹1 Crore.
- Definitive terms and conditions are currently being finalized.