Assam Gas Company, Oil India, GAIL sign agreement for setting up of new CGD


Assam Gas Company, Oil India, GAIL sign agreement for setting up of new CGD

In a first concrete energy sprint for North East, a consortium of three Public sector units, Assam Gas Company Ltd (AGCL), Oil India Limited (OIL) and GAIL Gas Ltd on Thursday signed a joint venture agreement for incorporating a new company for implementation of the City Gas Distribution (CGD) Networks.

The Joint Venture Company has to implement the City Gas Distribution (CGD) Networks and supply Piped Natural Gas to the domestic, commercial and industrial customers and CNG (Compressed Natural Gas) to the vehicles in Kamrup, Kamrup (Metro), Cachar, Hailakandi and Karimganj districts in Assam.

The bidding process for the same has been running since 2018, wherein the Ninth CGD Bidding round, PGNRB offered 86 geographical areas in 22 states and Union territories, covering 29 per cent of population and 24 per cent of the geographical area.  Read More

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