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IndianOil-Adani Gas JV to invest Rs 2,500 crore to double gas sales

By Economic Times - 8 months ago
IndianOil-Adani Gas Pvt Ltd, a joint venture of Indian Oil Corp and Adani Total Gas, plans to invest Rs 2,500 crore ($301.24 million) over four years to double its gas sales. Currently selling around one million standard cubic meters of gas daily through 300 outlets, the company aims to strengthen infrastructure and increase retail outlets to over 600 to meet the growing demand for gas in India.

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