Gujarat State Petroleum Corp Ltd - Company Profile

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Gujarat State Petroleum Corp Ltd: Segment Analysis

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Business Description

GSPC is a state-owned energy company engaged in exploration and production, gas transmission, city gas distribution, and power generation. It also has operations across the midstream and downstream segments, including gas-based power generation. Promoted by a state government in India, GSPC operates across the hydrocarbon value chain, with gas trading volumes of 12.49 MMSCMD and wind power generation capacity of 123.9 MW, serving a range of industries that rely on gas and electricity.

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R&D Overview

GSPC,through its R&D arm the Gujarat Energy Research & Management Institute (GERMI) has carried out a range of R&D initiatives. These include preparing a roadmap for offshore wind development in Gujarat, undertaking feasibility studies on electrifying heavy-duty vehicles in the dairy sector, and successfully demonstrating the solarization of the Modhera Sun Temple and town. GERMI also provides consultancy for the establishment of compressed biogas plants, conducts R&D on bioremediation of petroleum-contaminated sites, and is developing technologies for CO2 sequestration. In addition, it is working on cellulose-based supercapacitors and batteries and has set up a Green Hydrogen Generation Plant—one of India’s pioneering projects in this area.

Business Segments

Overview

Involved in oil and gas exploration and production operations. It serves industries requiring crude oil and natural gas.

Performance

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Overview

Engaged in oil and gas exploration and production activities, supplying crude oil and natural gas to industries that depend on these resources.

Performance

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Overview

Concentrates on producing electricity using wind turbines.

Performance

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