Adani Total Gas Ltd Receives Bio CNG Plant Order From Ahmedabad Municipal Corporation

Adani Group's Adani Total Gas Limited on Saturday informed that the company has received an order from Ahmedabad Municipal Corporation (AMC), Ahmedabad for Design, Build, Finance and Operate 500 Tonnes Per Day (TPD) Capacity Bio-CNG (CBG) Plant on PPP Model at Pirana / Gyaspur, Ahmedabad and AMC shall provide land for setting up the CBG plant and 500 TPD of waste at the doorstep of the plant.

The cost of the project would be in the range of Rs 130 Crores to Rs 150 Crores approximately. The completion period of the contract is 20 years.

SN	Particulars	Disclosures
a)	name of the entity awarding the order(s)/contract(s);	Ahmedabad Municipal Corporation (AMC), Ahmedabad
b)	significant terms and conditions of order(s)/contract(s) awarded in brief;	Design, Build, Finance and Operate 500 Tonnes Per Day (TPD) Capacity Bio-CNG (CBG) Plant on PPP Model at Pirana / Gyaspur, Ahmedabad  AMC shall provide land for setting up the CBG plant and 500 TPD of waste at the doorstep of the plant.
c)	whether order(s) / contract(s) have been awarded by domestic/ international entity;	Domestic entity
d)	nature of order(s) / contract(s);	Please see response to (b) above.
e)	Whether domestic or international;	Domestic
f)	time period by which the order(s)/contract(s) is to be executed;	For concession period of 20 years
g)	broad consideration or size of the order(s)/contract(s);	The approx. Project Cost would be in the range of INR 130 Crores to INR 150 Crores.
h)	whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof;	No
i)	whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arms length".	No

Shares of Adani Total Gas on Friday closed 0.92% lower at Rs 636.85 apiece on the BSE. The stock declined 1.23% in 1 week, 4.87% in 3 months and 30.69% in 6 months, respectively. It declined 82.34% in 1 year, while it gained 207.43% in 3 years.

The stock's 52-week high is Rs 3,998.35 apiece and the 52-week low is Rs 620.15 apiece. The market cap of the stock is Rs 70,041. 41 Crore.