Gandhinagar: In a move affecting nearly 22 lakh CNG vehicle owners across Gujarat, Gujarat Gas Limited, a subsidiary of the Gujarat State Petroleum Corporation (GSPC), has announced a price hike of ₹1.50 per kilogram for compressed natural gas (CNG). Effective from December 1, 2024, this increase raises the price from ₹76.26 to ₹77.76 per kilogram. This marks the third price hike in 2024, following increases of ₹1 on July 24 and August 1. With the latest hike, the cumulative increase ...Read More

Gandhinagar: After the approval of the Government of Gujarat, Board of Directors of Gujarat State Petroleum Corporation Limited (GSPCL), Gujarat State Petronet Limited (GSPL) and Gujarat Gas Limited (GGL) have approved the Merger-Demerger Scheme on 30th August 2024. As per the Merger-Demerger Scheme announced by the GSPC Group, in the first part, Gujarat State Petroleum Corporation Limited (GSPCL) and Gujarat State Petronet Limited (GSPL) will be merged into Gujarat Gas Limited (GGL) and in the ...Read More

Surat: Gujarat government owned Gujarat Gas Ltd., which functions under the GSPC (Gujarat State Petroleum Corporation) group, has increased the CNG price by Re. 1. This is the second rate hike imposed by GSPC for the second time in the last 25 days. The customers need to pay Rs. 76.25 per kg instead of 75.26 from today across Gujarat. The increase is despite the fact that natural gas prices have dropped by 11.1 percent in last one year in the international market. The hike will affect 4.21 la...Read More

Gandhinagar: The International Financial Services Centre (IFSC) at GIFT City has announced a collaboration with the Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC) to establish a Global Hydrogen Trading Mechanism. This initiative, set to be the second of its kind globally, places GIFT City at the forefront of the emerging green hydrogen economy. A key aspect of this collaboration is the subsequent launch of the Global Hydrogen Price Index, which will play a pivotal ro...Read More

Gandhinagar: NTPC Green Energy Ltd (NGEL) has entered into MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL) during the three-day Vibrant Gujarat Global Summit 2024, being held in Gandhinagar during January 10 – 12, 2024. The MoU with Gujarat State Petroleum Corporation Ltd. aims for the blending of Green Hydrogen in the gas networks of GSPC and promotion of Green Hydrogen mobility by setting up Green Hydrogen fuelling stations in Gujarat. The Mo...Read More

Gandhinagar: Chief Minister Bhupendra Patel today launched the Mission Green Hydrogen - Gujarat during the seminar on ‘Gujarat - The Green Hydrogen Destination of India’ at Mahatma Mandir in the state capital. On the third day of the Vibrant Gujarat Summit 2024, several Memorandums of Understanding (MoUs) were signed between the state government and entities operating in the green hydrogen sector during the seminar. The first MoU was signed between the University of California, Berkele...Read More

Gandhinagar: Gujarat State Petroleum Corporation (GSPC) has emerged as the top public undertaking with the highest profit in the state for the financial year 2021-22, with a profit of Rs 1183.73 crore. Following closely behind is Gujarat Energy Transmission Corporation Limited (GETCO), which has made a profit of Rs 971.46 crore. However, the internal debt of the state government has increased, reaching Rs 3.80 lakh crore in the past year, up from Rs 3.57 lakh crore. Despite this, several publ...Read More

Gandhinagar: Out of 77 active public sector enterprises of Gujarat government, 54 have earned Rs 3647.96 crore profit while 14 have made Rs 18,412.39 crore loss as per the report of Comptroller and Auditor General(CAG) for year 2016-17 tabled today, on the last day of two-day long Gujarat Assembly session. Among profit making PSUs, Gujarat Petronet Ltd earned Rs 737.79 crore profit, Gujarat Mineral Development Corporation(GMDC) made Rs 445.98 crore profit, Gujarat Gas Ltd made Rs 303.33 cror...Read More

Gandhinagar: Managing Director of the Gujarat State Petroleum Corporation Ltd (GSPC) and chief secretary J N Singh today termed the around $1.2 billion deal with the Oil and Natural Gas Corporation Ltd (ONGC) for the transfer of 80% of the GSPC's stake and development rights of its oil exploration block in Kirshna Godavari basin off Andhra Coast as 'in the interest of both Gujarat and India'. Addressing a press conference here after chairing a meeting of the company to with regard to the ...Read More