Adani Gas Ltd. (AGL), the city gas distribution arm of the Adani Group, has bagged authorization from the Petroleum and Natural Gas Regulatory Board, Government of India to expand its city gas footprint in 13 new Geographical Areas (GAs) in the recently concluded 9th round of CGD bidding. In addition, the company has also won 9 GAs in its joint venture company with Indian Oil Corporation, i.e. Indian Oil – Adani Gas Ltd. (IOAGPL).
In a national event being held in the capital on 22nd November, the Hon’ble Prime Minister Shri Narendra Modi will lay the foundation stones of City Gas Distribution (CGD) projects in 65 GAs covering 129 districts recently allocated in the 9th CGD bidding. The ceremony will be broadcasted LIVE from all locations where dignitaries from the respective State Governments and PNGRB will grace the landmark event.
Pranav Adani, Managing Director, Agro, Oil and Gas, Adani Group stated, “Government of India has set itself a target to increase the share of natural gas in India’s primary energy mix to 15% till 2022 from the 6.5% in 2015. Read More
Latest posts by equitybulls (see all)
- Tata Power Solar now launches an extensive residential rooftop solution at Cochin - January 29, 2019
- Tata Power Solar now launches an extensive residential rooftop solution at Gandhinagar - January 21, 2019
- Adani Gas expands pan-India CGD presence, bags 13 CGD projects - November 21, 2018