City Gas Distribution News
'96% of India’s population to be covered under CGD network after 11th rounds'
The expected investment because of the concluded CGD bidding rounds is nearing a total of ₹1.2 lakh crore: Hardeep Singh Puri The latest bidding round will offer 65 geographical areas spread over 19 states and one Union territory
1 min read21 Nov 2021City gas distribution to see big investments
Investments of as much as 1.1 trillion is expected in building city gas distribution networks over the next decade
2 min read3 Dec 2018Bharat Gas, 2 others to invest ₹8,000 crore for CGD in Maharashtra
City gas distribution (CGD) supplies CNG and PNG for use by both domestic households and by commercial and industrial segments
1 min read21 Nov 2018IOC to invest ₹5,463 crore in city gas network in 7 districts
Indian Oil today said it will invest 5,463 crore in setting up city gas distribution network for retailing CNG to automobiles and piped cooking gas to households in seven districts
1 min read11 Oct 2018IOC to invest ₹20,000 cr in city gas projects in 5-8 years
IOC is hoping to net licences to retail CNG to automobiles and piped natural gas to households and industries in about 20 cities
2 min read13 Aug 2018Bidding for city gas distribution contracts sees strong response
The contracts entail supplying piped cooking gas and CNG to 174 districts across 22 states and seven Union territories
2 min read10 Jul 2018HPCL, Oil India to set up joint venture for city gas distribution
HPCL and Oil India have won licences to distribute gas in Ambala and Kurukshetra in Haryana and Maharashtra's Kolhapur in the eighth round of city gas bidding
2 min read14 Jun 2018Petroleum regulator invites bids for 86 city gas contracts, eyes Rs70,000 crore investment
India, the biggest emitter of greenhouse gases after the US and China, has invited bids for 86 contracts under its largest city gas distribution (CGD) licensing round
2 min read8 May 2018RIL, Essar Oil, ONGC, Torrent in race for CNG retailing permit
Reliance Industries, Essar Oil, ONGC and Torrent Power are among companies planning to bid for the ninth round of city gas distribution
2 min read19 Mar 2018Incremental volume visibility fuels Indraprastha Gas stock
The big hitch in the story is that the sharp outperformance in Indraprastha Gas shares suggests investors are already capturing most of the optimism
1 min read18 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared