THINK Gas plans to become India’s leading city gas distribution (CGD) company within five years, aiming to invest Rs 10,000 crore to expand its footprint.
As per director and COO Chiradeep Datta, its proposed merger with AG&P Pratham — announced in February 2025, will conclude by mid-2026. Post-merger, THINK Gas expects to overtake Indraprastha Gas, Mahanagar Gas, and Gujarat Gas to become the second-largest CGD firm in India, behind Adani Total Gas. Having already invested Rs 8,000 crore, the company awaits regulatory approval from the Petroleum and Natural Gas Regulatory Board.
THINK Gas will also expand into liquefied natural gas (LNG) sales, electric vehicle charging stations, and retailing petrol and diesel. Backed by I Squared Capital, the merged entity includes Osaka Gas, Sumitomo Corporation, and others. Currently serving 5,50,000 homes with 500 fuel stations, THINK targets one million households and 1,500 outlets. Its 17,000 inch-km steel pipeline spans 19 geographical areas.
Technology partner ABB India has enabled cloud-based automation, boosting operational efficiency. The pipeline network is projected to grow to 24,000 inch-km, with over 2,000 CNG stations and a reach of 180 million people across 324,000 sq. km.