Gujarat State Petronet Ltd, the Natural gas transmission company is slated to buy 28.4% stake in Gujarat Gas from Gujarat State Petroleum Corporation.

GSPL to increase pipeline in Gujarat by 200 kms: Joint MD

Speaking to CNBC-TV18 T Natarajan, Joint Managing Director of GSPL, said that margins are linked to the tariffs. “We do expect a reasonable increase in margins when the tariff is implemented.”

Govt cuts natural gas prices by 16% to $4.24 per mmBtu

Speaking to CNBC-TV18, Ex-ONGC head, RS Sharma said the development is a big negative and the government will have to work to revive formulation in order to promote the exploration and production (E&P) sector.

GSPL's outstanding receivables at around Rs 275cr

Debtors have risen since last couple of quarters mainly because of some ongoing issues because of the PNGRB tariff orders which has still not been finalized. Once this thing is sorted out, this PNGRB revised tariff order and zoning the receivables will go away: GSPL

Low demand to keep volume growth down: GSPL

Despite Gujarat State Petronet posting a net profit rise of 25 percent year-on-year, the company's volume growth is down on the back of low demand and disruptions in supplies.

PSL bags orders worth Rs 1000 cr in Q1 of FY12

Confirming the market buzz of bagging an order from MTPC, Ashok Punj, MD of PSL says the gas pipe industry may get a fillip in the near future with contracts coming from GSPL. Talking about the inflows, he says, "In the first quarter of the year 2011-12, we have added orders to the total of about Rs 1000 crore."