Aavantika Gas Limited
Aavantika Gas Limited (AGL) is a Joint Venture company of GAIL (India) Limited and Hindustan Petroleum Corporation Limited (HPCL), for implementation of City Gas Projects to supply Piped Natural Gas (PNG) to consumers in domestic, industrial and commercial sectors and Compressed Natural Gas (CNG) to automobile sector in the cities of Madhya Pradesh.
AGL was incorporated on 7th June 2006 and it's registered office is located in Indore. Initial subscription to the Memorandum of Association (MOA) and Articles of Association is made by GAIL, HPCL, IL&FS, IDFC, IDFCPE and ICICI Ventures. State Govt. of Madhya Pradesh has been offered 5% equity in the share capital of the Company.
The objective and mission of AGL is to provide safe, convenient and reliable natural gas supply to various sectors. The single biggest factor in support of natural gas is environmental advantages and convenience to consumers in terms of un-interrupted gas supply.
PROVIDING A CLEANER, ENVIRONMENT FRIENDLY ALTERNATIVE AS AUTO FUEL TO THE RESIDENTS OF M.P.