PNGRB to Hold Roadshow for 10th City Gas Distribution (CGD) Bidding Round at Jaipur

PNGRB to Hold Roadshow for 10th City Gas Distribution (CGD) Bidding Round at Jaipur

Team EnergyInfraPost

Petroleum and Natural Gas Regulatory Board (PNGRB), the nodal agency for facilitating economic activities in natural gas distribution, is organizing a roadshow on January 3, for promoting 10th City Gas Distribution (CGD) bidding round in Jaipur at Hotel Holiday Inn Jaipur City Centre.

After the success of the recently concluded 9th CGD bidding round for 86 Geographical Areas (GAs) covering 174 districts in 21 states/ UTs which attracted great interest from investors across the sector, wherein total 406 bids were received from 38 organizations (including 8 new and 2 overseas investors). This round ensures remarkable minimum work commitment of 2.2 crore domestic PNG connections, 4600 CNG stations and 1.16 lakh inch-km of steel pipeline. The 10th CGD Bidding Round offering 50 (GAs) covering 124 districts in 14 states, was recently launched by Hon’ble Prime Minister, Shri Narendra Modi on 22nd November, 2018 at Vigyan Bhawan, New Delhi.

This roadshow at Jaipur tomorrow is part of the series of roadshows planned by PNGRB across India over the next few weeks before the deadline for bid submissions end on 5th February 2019. Prior to this, a roadshow was held at Chandigarh which entailed great response from all the stakeholders.

In the 9th CGD bidding round almost all the GA’s offered were awarded by PNGRB and similar expectations can be attributed to 10th CGD bidding round. Tomorrow’s event is expected to be attended by senior government officials, academia, trade associations and investors from the oil and gas sector.

At present, CGD authorization has been given by PNGRB in 9 GAs in Rajasthan covering 13 districts namely Kota,Bharatpur, Alwar, Barmer, Jaisalmer, Jodhpur, Jaipur, Baran, Chittorgarh, Bhilwara, Udaipur, Bundi, Dholpur. Now,in the 10th CGD bidding round, 3 GAs covering 7 districts- Banswara, Dungarpur, Ajmer, Pali, Rajsamand, Jalore and Sirohiare being offered by PNGRB.

READ  Tenth round of bidding for CGD licences soon: PNGRB

This is a big initiative towards providing clean energy to the people ofRajasthan.

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