Branch² Intelligence
CONCOR, GAIL sign 15-year pact to set up LNG dispensing station in Ahmedabad
Key takeaway
GAIL and CONCOR sign 15-year pact for LNG dispensing station in Ahmedabad.
- Step 1GAIL and CONCOR sign 15-year LNG supply agreement for Ahmedabad dispensing station.
- Step 2CONCOR's truck fleet switches from diesel to LNG, cutting fuel costs and emissions.
- Step 3Diesel demand from CONCOR declines, pressuring diesel margins at Indian Oil and other fuel retailers.
- Step 4LNG infrastructure investment case strengthens, attracting more logistics firms to adopt LNG.
Source: CNBC TV18 (Markets)
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