The IPO will be entirely an offer for sale by Torrent Investments, with no fresh issue of shares. As a result, Torrent Gas will not receive any proceeds from the public offering
The project is also expected to complement the recently commissioned Dergaon-Dimapur Pipeline, which has connected Nagaland to the North East Gas Grid and the National Gas Grid
Rising CBG blending targets are putting pressure on CGD networks, with producers seeking reliable routes to market and stronger connectivity between production sites and demand centres
