January 24, 2017 11:35 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Andhra Pradesh Gas Distribution Corporation Limited

Company Overview

Andra Pradesh Gas Distribution Corporation Ltd. engages in the creation of natural gas pipeline infrastructure for industries, power plants, and CGD networks in Andhra Pradesh. It also participates in CGD network business that provides piped domestic gas and compressed natural gas for automobiles and industries. The company was founded in 2011 and is based in Hyderabad, India. Andra Pradesh Gas Distribution Corporation Ltd. is a joint venture between Andhra Pradesh Gas Infrastructure Corporation Pvt. Ltd. and GAIL Gas Limited.

"Parisrama Bhavan"

2nd Floor, #5-9-58/B

Fateh Maidan Road

Basheerbagh

Hyderabad,  500 004

India

Founded in 2011

Phone:

91 40 6730 4930

Fax:

91 40 6730 4951

Key Executives for Andhra Pradesh Gas Distribution Corporation Limited

Managing Director and Director
Director of Finance and Director
Director of Commercial and Director
Compensation as of Fiscal Year 2016.

Andhra Pradesh Gas Distribution Corporation Limited Key Developments

Andhra Pradesh Government Inks Two Agreements to Build LNG Terminal

The Andhra Pradesh government has inked two memoranda of understanding to establish a floating LNG (Liquefied Natural Gas) terminal at Kakinada Deep Water Port in the southern Indian state. The first agreement is a terminal company pact signed between Shell, GDF SUEZ and the Andhra Pradesh Gas Distribution Corp. It helps the execution/development of the terminal. APGDC will hold 48% equity in the proposed project, while Shell and GDF SUEZ will have 26% each. The second agreement is a trade pact between Shell, GDF SUEZ and GAIL. It covers the sourcing of LNG as well as marketing of the regasified LNG from the unit. GAIL will have 48% equity in the project, while the other two will hold 26% each.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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