The merged GGL entity now has investments in diversified businesses. They include gas-based power generation through Gujarat State Energy Generation Limited (GSEG) and GSPC Pipavav Power Company Limited (GPPC). Gujarat Gas Limited (GGL), India’s largest city gas distribution company, has rearranged GSPC Group effective May 1, it announced in a filing to the Bombay Stock Exchange (BSE). The Scheme of Arrangement of GSPC Group involves the merger of Gujarat State Petroleum Corporation (GSPC) and Gujarat State Petronet Limited (GSPL) into Gujarat Gas Limited (GGL). This “strengthened integrated energy company with gas trading, exploration & production, wind power generation businesses, and city gas distribution business” will be renamed Gujarat Energy Limited. The merged GGL entity now has investments in diversified businesses. They include gas-based power generation through Gujarat State Energy Generation Limited (GSEG) and GSPC Pipavav Power Company Limited (GPPC).…