Gas retailing bids: RIL-BP joint venture seeks licence for 15 cities, IGL 13


Gas retailing bids: RIL-BP joint venture seeks licence for 15 cities, IGL 13

The Reliance-BP joint venture today bid for licence to retail gas in 15 cities while Indraprastha Gas Ltd put in bids for 13 cities.

Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories, closes this evening.

India Gas Solutions Pvt Ltd — the 50:50 JV of UK’s BP plc and Reliance Industries, is making its maiden foray in city gas distribution as it put in bid for 15 cities, sources said.

IGL, which retails CNG in the national capital region, is putting in bids for 13 cities, they said. Essel Infraprojects Ltd has put in a total of seven bids. Read More

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