IOC, Adani Total Gas top bidders for city gas licenses

IOC, Adani Total Gas top bidders for city gas licenses

Indian oil company owned by state-owned (IOC) and joint venture from Gas Billionaire Gautam Adani and Total France – Adani Total Gas Ltd – has an offer for the maximum number of licenses for retail CNG to car and gas cooking pipes to household. Round city gas offers.

IOC offers for 53 of the 61 geographical or gas areas that accepted an offer at the 11th City Gas License Round which was closed on December 15, according to the offer details published by the Regulator of the Petroleum Regulatory and Gas (PNGRB).

Adani Total Gas Ltd Bid for 52 Gas. Adani Group initially traveled to the city gas business in a joint venture with IOC but then tied up with total.

Adani and IOC do not place combined bids in the latest round of offer. Pngrb bid 65 gas including Jammu, Nagpur, Pathankot and Madurai in the latest license round. Four gases in Chhattisgarh did not accept a single offer.

My squared to think of Gas Distribution Pvt Ltd is the third largest bidder because it is offered for 44 gas. Privatization-bonded Bharat Petroleum Corporation Ltd (BPCL) is included in the offer for 43 Gas Temporary Gail Gas Ltd – Gas Arm City Gain Gail India City Utility Ltd – Bid for 30 regions.

Hindustan Petroleum Corporation Ltd (HPCL) bid for 37 Gas Gas and Torrent for 28. Indraprastha Gas Ltd – a company that sells CNG in the national capital and a side by side, offers for 15 gases, Gujarat gas for 10 gases for 10 gases.

Ga made from Baloda Bazar, Gariyaband and Raipur Regency in Chhattisgarh are the most sought-after licenses with 16 bidders in the commotion.

Nagpur receives 15 offers while Jammu gets 13 offers. PNGRB last week stated that as many as RS 80,000 Crore Investment was considered in preparing city gas infrastructure in gas 61.

The 65 gas offered in the 11th bound bound spread in 215 districts in 19 states and one worker union area of ​​26 percent of the Indian population and 33 percent of the region.

At present, there are 228 geographical areas authorized by PNGRB in 27 states and UTS which cover around 53 percent of the country’s geographical region and 70 percent of the population.

In the last round gas distribution offer (CGD) – the 10th CGD offer round, 50 gas is authorized for the development of the CGD network.

In this round, 215 districts were confirmed to 65 gas offered. Bid received for 61 gas, according to Pngrb. During 2018 and 2019, PNGRB provides a license to the Retail CNG to the car and gas cooking pipes to the household kitchen in gas 136.

It expanded the city gas network to 406 districts and about 70 percent of the country’s population. During 2018 and 2019, PNGRB provides a license to the Retail CNG to the car and gas cooking pipes to the household kitchen in gas 136.

The encouragement for gas gas expansion is part of the government’s plan to increase the share of natural gas in the country’s energy basket to 15 percent by 2030 from the present 6.3 percent.

While 86 gas, consisting of 174 districts, offered for offers in the 9th round which was concluded in August 2018, 50 gas, consisting of 124 districts, offered in the 10th round in 2019.

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