Gujarat Gas Sets 13% CNG Volume Growth Target, Plans 1,000+ Stations in Next 2-3 Years
Gujarat Gas announced during its conference call that it expects CNG volumes to achieve double-digit growth with a minimum target of 13%. The company has set an ambitious infrastructure goal to cross 1,000 CNG stations within the next two to three years, reflecting its commitment to expanding market presence in the natural gas distribution sector.

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Gujarat Gas has outlined ambitious growth targets during its recent conference call, setting clear objectives for both volume expansion and infrastructure development in the compressed natural gas segment.
CNG Volume Growth Targets
The company has established a robust growth framework for its CNG business, targeting double-digit volume expansion with a specific minimum threshold of 13.00%. This growth target demonstrates the company's confidence in the expanding CNG market and its ability to capture increased market share.
| Growth Parameter: | Target |
|---|---|
| CNG Volume Growth: | Double-digit |
| Minimum Growth Rate: | 13.00% |
| Growth Type: | Volume-based expansion |
Infrastructure Expansion Plans
Gujarat Gas has set an ambitious infrastructure development goal, planning to cross the 1,000 CNG station milestone within the next two to three years. This expansion represents a significant scaling of the company's retail network and distribution capabilities.
| Infrastructure Milestone: | Details |
|---|---|
| Station Target: | 1,000+ CNG stations |
| Timeline: | 2-3 years |
| Expansion Type: | Network infrastructure |
Strategic Business Outlook
The dual focus on volume growth and infrastructure expansion indicates Gujarat Gas's comprehensive approach to market development. The 13.00% minimum growth target for CNG volumes, combined with the substantial station network expansion, positions the company for significant market presence enhancement in the natural gas distribution sector.
These targets were communicated during the company's conference call, providing stakeholders with clear visibility into Gujarat Gas's strategic direction and growth expectations for the compressed natural gas business segment.
Historical Stock Returns for Gujarat Gas
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.37% | +5.26% | +6.68% | -7.21% | -9.92% | +12.59% |


































