Chennai, Aug 19 - With Indian auto makers rolling out cars powered by liquefied petroleum gas (LPG), the city-based Indian Auto Gas has chalked out plans to expand its gas vending stations, said a top company official here Wednesday.
'In the current year, we will be adding 39 new stations taking the total to 66 and also build 100-tonne gas storage terminals in Tamil Nadu and Andhra Pradesh,' said company chief executive S.M. Anthony Thomas.
According to him, the expansion outlay will be Rs.30 crore - to be funded by debt and promoters' contributions.
Indian Auto Gas sources LPG from importers and also plans to import by the year-end.
'We plan to import 3,000 tonnes in the first shipment.