2 hrs ago
Why Investors Prefer Adani Total Gas Despite CGD Competition
Adani Total Gas is a company that supplies city gas.
Investors appear interested in it because it operates across many locations.
It serves 53 geographical areas covering 125 districts.
Nineteen of these areas are run jointly with Indian Oil Corporation.
Indraprastha Gas serves 12 areas, while Mahanagar Gas serves eight.
Those two companies mainly operate in large cities and nearby places.
These city markets are described as more crowded or saturated.
Adani Total Gas works in wider areas where gas services are less developed, giving it a potential advantage.
Adani Total Gas has a wider geographical footprint than its city-gas-distribution peers.
The company operates in 53 geographical areas across 125 districts.
Nineteen of Adani Total Gas’s areas are operated through joint ventures with Indian Oil Corporation.
Indraprastha Gas serves 12 geographical areas across 32 districts, while Mahanagar Gas serves eight areas.
Adani Total Gas operates in relatively less-penetrated regions, unlike peers focused on more saturated metro markets.
- Who
- Investors, Adani Total Gas, Indraprastha Gas, Mahanagar Gas, and Indian Oil Corporation.
- What
- Investors’ preference for Adani Total Gas is linked to its wider and relatively underpenetrated geographical footprint.
- Where
- Adani Total Gas operates across 53 geographical areas in 125 districts; the article also references Mumbai, Maharashtra, Karnataka, and metro-city markets.
- When
- Not stated.
- Why
- Its broader presence in less-penetrated areas may give it an advantage over peers concentrated in more saturated metropolitan markets.
Key facts
- Company
- Adani Total Gas
- Adani Total Gas footprint
- 53 geographical areas across 125 districts
- Joint ventures
- 19 of Adani Total Gas’s geographical areas are operated through joint ventures with Indian Oil Corporation
- Indraprastha Gas footprint
- 12 geographical areas covering 32 districts
- Mahanagar Gas footprint
- Eight geographical areas
- Core advantage cited
- Operations across wider, relatively less-penetrated geographical areas
- Peer market profile
- Indraprastha Gas and Mahanagar Gas are dominant in metro cities and adjoining areas described as relatively saturated
Sources
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