This package marks the largest global funding initiative in the CGD (city gas distribution) business. Shares of Adani Total Gas Ltd ended at ₹790, up by ₹13.85, or 1.78%, on the BSE.

Adani Total Gas Ltd, a joint venture between Adani Group and TotalEnergies, has secured its first-ever financing of $375 million. The funds will be used to expand the company's city gas distribution network across India.

India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network. The firm, which is a joint venture between ports-to-power Adani Group and TotalEnergies SA,

Adani Total Gas Ltd (ATGL) has secured $375 million in financing from international lenders, including BNP Paribas and DBS Bank. This funding will support ATGL's expansion of its city gas distribution network across 34 areas in 13 states,