Last Updated : Tuesday, April 2, 2019 18:30:20

Indain Gas Regulator – PNGRB awarded City Gas Distribution bids in 50 Geographical Areas, to 12 successful bidders

NEW DELHI | RAJKOT – PNGRB (Petroleum and Natural Gas Regulatory Board) launched 10th CGD Bidding Round on 06th November 2018, for development of City Gas Distribution (CGD) networks for the 50 Geographical  Areas (GAs) which includes 124 districts (112 complete and 12 part), spread over 14 States and Union Territories (UTs) in India.

The regulator received 225 bids from 25 entities up to 05th February 2019 i.e., the bid closing date.

Based upon the bids evaluations, PNGRB in its 88th Board meeting held on 26th February 2019 approved issuance of Letters of Intent (LoI) to the 12 successful entities for following 50 Geographical Areas (GAs).

The regulator has awarded bids across 50 geographical areas to 12 Bidders including Adani Gas Ltd, Bharat Gas Resources Ltd, Consortium of LNG Marketing Pte. Ltd. & Atlantic Gulf & Pacific Company of Manila Inc., Consortium of Think Gas Investments Pte. Ltd & Think Gas Distribution Pvt. Ltd., GAIL Gas Ltd, Gujarat Gas Ltd, Hindustan Petroleum Corporation Ltd, Indian Oil Corporation Ltd, Indian Oil Adani Gas Pvt Ltd, Indraprastha Gas Ltd, Rajasthan State Gas Ltd, Torrent Gas Pvt Ltd.

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