Think Gas Bets ₹10K Cr on CGD Crown

Merger with AG&P Pratham to make it biggest after Adani Total; eyes top spot in 5 years

- SHINE JACOB

THINK Gas is looking to become India's leading city gas distribution (CGD) player over the next five years, with plans to invest around ₹10,000 crore, a senior company executive told Business Standard on Wednesday.

The company said its proposed merger with AG&P Pratham will be completed by the first half of 2026. After the merger, THINK Gas is expected to overtake Indraprastha Gas, Mahanagar Gas, and Gujarat Gas to become the second-largest CGD company in India, behind only Adani Total Gas.

"The merger will be complete within the next nine months. We'll emerge as the second-largest CGD company, next only to Adani Total Gas," said Chiradeep Datta, director and chief operating officer of THINK Gas. "We're planning to invest around ₹10,000 crore over the next five years to claim the top spot."