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Gujarat Gas' Bold Propane Play: Can It Revive Morbi Slump & Fuel New Growth?

Energy

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Published on 24th November 2025, 10:55 AM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

Gujarat Gas Ltd is tackling a slump in its Morbi ceramics business by expanding into new industrial hubs in Gujarat and Maharashtra and strategically introducing propane as a "bridge fuel." The company is also cutting industrial gas tariffs to stay competitive. This move aims to win back customers lost due to high LNG prices, while management anticipates LNG market stabilization in the medium term.