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Business EconomyPosted at: Jan 21 2019 11:55AM


PNGRB to hold roadshow for 10th city Gas Distribution on Jan 23

Visakhapatnam, Jan 21 (UNI) Petroleum and Natural Gas Regulatory Board (PNGRB), the nodal agency for facilitating economic activities in natural gas distribution, is organising a roadshow here on Wednesday for promoting 10th City Gas Distribution (CGD) bidding round.
The recently concluded 9th CGD bidding round for 86 Geographical Areas (GAs) covering 174 districts in 21 states / UTs attracted great interest from investors across the sector, wherein 406 bids were received from 38 organisations (including 8 new and 2 overseas investors), a statement said here on Monday.
This round received minimum work commitment of 2.2 crore domestic PNG connections, setting up of 4600 CNG stations and laying of 1.16 lakh inch-km of steel pipeline.
The 10th CGD Bidding Round comprising 50 GAs covering 124 districts in 14 states was launched by Prime Minister, Narendra Modi on November 22 last year in New Delhi.
This roadshow at Vizag on January 23 is part of the series of roadshows which are being organised by PNGRB across India before the deadline for bid submissions on Feb 5.
Prior to this, roadshows were held at Chandigarh, Patna, Jaipur, Bangalore, Ranchi, Kolkata, Lucknow, Bhopal, and Thiruvananthapuram, which generated significant interest and were attended in large numbers by senior Government officials, prospective investors and other 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. Event at Vizagis expected to be attended by senior government officials, Industry academia, trade associations and investors from the oil and gas related sector.
Up to the 9th Round, CGD authorisation has been given by PNGRB in 5 GAs in Andhra Pradesh covering the districts Kakinada, East Godavari, West Godavari, Krishna and Vijayawada.
Now, in the 10th CGD bidding round, 3 GAs covering 4 districts Anantapur, YSR (Kadapa), Sri Potti Sriramulu Nellore and Chittoor are being offered by PNGRB.
After the 10th round, 41 per cent of the area and 44 per cent of the population of Andhra Pradesh would be covered under CGD network.
This is a big initiative towards providing clean energy to the people of Andhra Pradesh.
UNI KNR RSU 1155
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Tags: #PNGRB to hold roadshow for 10th city Gas Distribution on Jan 23
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