AG&P City Gas (operating as AG&P Pratham) is developing twelve exclusive city gas distribution (CGD) concessions across Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka and Kerala. The company is building networks to deliver compressed natural gas (CNG) for vehicles, piped natural gas (PNG) to homes, and LNG storage and transportation solutions for industrial and commercial customers. The equity will be used to continue the build-out of its 12 concessions in South India and Rajasthan and to expand the network to reach millions of customers. AG&P City Gas expects the concessions to eventually generate about 3.5 billion m3 in gas sales volume, roughly 50% of Osaka Gas’ recorded gas sales volume last year. The company is one of the largest private CGD companies in India and is expanding its CNG station roll‑out to support vehicle transition to cleaner fuel. Combined equity funding available to AG&P City Gas now exceeds US$300 million following recent investments.

Total raised

$120M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2021