Adani Total Gas secures funding of $375 million for expansion of CGD business

ATGL secures $375 million in funding through a financing framework, with an initial commitment of $315 million and an accordion feature. Five international lenders, including BNP Paribas and DBS Bank, participated. The company plans to expand its CGD network to 34 GAs across 13 states, reaching 14% of India’s population and promoting a gas-based economy.