Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Indian Institute of Technology Ropar Showcases Leadership Across Four Key Sessions at India AI Impact Summit 2026
    • PM Announces India–France National Centre of Excellence in Aviation at Kanpur under PM-SETU
    • AM Group Commences Development of Gigawatt Scale AI Compute Hub in Uttar Pradesh
    • From Boardrooms to Boundaries: Teams Light Up the Cricket Field
    • Raksha Mantri Inaugurates Missile Integration Facility At BEL
    • Prime Minister Welcomes Global Leaders to AI Impact Summit in Delhi
    • NHAI Accepts National Highways Infra Trust Offer To Acquire Two National Highway Assets
    • ONGC Reports A 1.6% Rise In Q3 Net Profit
    Facebook X (Twitter) YouTube
    Khabar India
    Khabar India Banner
    • Media Monitoring
    • National
    • BIHAR ELECTION
    • UP and States
    • Petroleum & Natural Gas
    • Private Sector
    • Infra
    • PSU
    • SKILL DEV./ CSR
    Khabar India
    You are at:Home » Pradhan Distributes Letter Of Intents Under 10th CGD Bidding Round

    Pradhan Distributes Letter Of Intents Under 10th CGD Bidding Round

    0
    By Aruna Sharma on March 1, 2019 Petroleum & Natural Gas

    Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship Shri Dharmendra Pradhan today distributed the Letter of Intents (LOI) to 12 successful entities for 50 Geographical Areas (GAs) under the 10th CGD Bidding Round, recently awarded by PNGRB. Thiswill heraldnew era with respect tothe availability of convenient, environment-friendly and cheaper natural gas tomore than 70 % of the country’s population, spread across 27 States and Union Territoriesupto10th round.Over 2 crore PNG connections are envisaged to be provided by these entities, and 3,578 CNG stations will be put up in the area. The list of winning entities and the Gas are given in the Annexure.

    As per provisions of the CGD Authorisation Regulations, authorization shall be granted to the successful bidders after receipt of the requisite PerformanceBankGuaranteefromtheconcernedentitieswithinspecifiedperiod of 30 days. Entity-wise details of successful bidders are given below:-

    S.No Name of Bidder Number of Geographical Areas
    1 Adani Gas Limited 2
    2 Bharat Gas Resources Limited 2
    3 Consortium of LNG Marketing Pte. Ltd. & Atlantic Gulf & Pacific Company of Manila Inc. 9
    4 Consortium of Think Gas Investments Pte. Ltd & Think Gas Distribution Pvt. Ltd. 1
    5 GAIL Gas Limited 4
    6 Gujarat Gas Limited 6
    7 Hindustan Petroleum Corporation Limited 9
    8 Indian Oil Corporation Limited 9
    9 Indian Oil Adani Gas Private Limited 1
    10 Indraprastha Gas Limited 3
    11 Rajasthan State Gas Limited 1
    12 Torrent Gas Private Limited 3

     

    Speaking on the occasion, Shri Pradhan said that Indian oil and gas market, helped by progressive and conducive policy environment, have become mature and lucrative. Two international entities have bid in the 10th round and won 10 GAs. He said that the Present Government has been able to achieve historic and unprecedented results, within the same system and resources. He said that within 5 years, the coverage of City distribution area has gone up from 20% of population to 70%. He said that there is large potential in the CGD business, as we are exploring the use of LNG in heavy commercial vehicles, use of gas in steel and other industries. The Minister said the availability of cheap, clean and convenient gas will safeguard our poor from diseases. Congratulating the PNGRB for its proactive role in bringing more areas under the CGD, and completing the process in the record time, he said that besides certain small states/ UTs, big states like Haryana, Gujarat and Punjab will now be fully covered under the CGD.

    10th CGDBidding Round

    Encouraged with the enthusiastic participation by the industry in the 9th CGD Bidding Round and recognising the need of the country to create infrastructure for distribution of natural gas in various parts of India, PNGRB initiated the 10th CGD Bidding Round on 8.11.2018 which was formally launched by Hon’ble Prime Minister Shri Narendra Modi on 22.11.2018 at VigyanBhavan, New Delhi. 10th round covered 50 Geographical Areas (GAs) spread over 14 states and 124 districts (112 full and 12 part), covering 24% of India’s population and 18% of its area.

    The e-bidding process was initiated on 8th November, 2018, with last date for bid submission as 5th February, 2019. The bid evaluation for all 50 GAs has been completed in record period of 3 weeks.  After this round, 70% of India’s Population, 52% of Area, 402 districts spread over 27 states and union territories and the states of Delhi, Gujarat, Goa, Punjab, Haryana and Union Territories of Daman & Diu, Dadra & Nagar Haveli, Chandigarh would be fully covered with CGD.

    Why Natural Gas

    Natural gas is a superior fuel as compared with coal and other liquid fuels being an environment friendly, safer and cheaper fuel.Natural Gas is supplied through pipelines just like one gets water from the tap. There is no need to store cylinders in the kitchen and thus saves space.  As per WHO database released in May 2018, India has 14 out of 15 world’s most polluted cities in terms of PM2.5 concentration.Large number of industries also consume polluting fuels like pet coke and furnace oil which emit polluting CO2. Some of the courts recently ordered for banning use of pet coke in states within their jurisdiction.

    Natural Gas (as CNG) is cheaper by 60% as compared with petrol and 45 % w.r.t. Diesel. Similarly, Natural Gas (as PNG) is cheaper by 40 % as compared with market price LPG and price of PNG almost matches with that of subsidised LPG (based on prices in Delhi). An autorickshaw owner can save Rs. 7000-8000 on his monthly fuel bill by conversion from petrol to CNG. Thus, even on cost front as well, natural gas is preferable to petrol, diesel and LPG.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Aruna Sharma

    Related Posts

    Indian Institute of Technology Ropar Showcases Leadership Across Four Key Sessions at India AI Impact Summit 2026

    PM Announces India–France National Centre of Excellence in Aviation at Kanpur under PM-SETU

    AM Group Commences Development of Gigawatt Scale AI Compute Hub in Uttar Pradesh

    • Facebook 99K
    • Twitter 1.5K
    • YouTube 370
    • Popular
    • Video
    • Pvt Sector
    February 27, 2026

    Indian Institute of Technology Ropar Showcases Leadership Across Four Key Sessions at India AI Impact Summit 2026

    February 19, 2026

    PM Announces India–France National Centre of Excellence in Aviation at Kanpur under PM-SETU

    February 16, 2026

    AM Group Commences Development of Gigawatt Scale AI Compute Hub in Uttar Pradesh

    July 23, 2025

    PM Narendra Modi Interacts With Media On The First Day Of Monsoon Session Of Parliament

    February 11, 2025

    Prime Minister Narendra Modi Gets A Rousing Welcome By Indian Community In Paris, France

    February 11, 2025

    Prime Minister Narendra Modi Attends Dinner Hosted By French President In Paris

    August 8, 2025

    Racing Towards Glory: Odisha Hosts the World Athletics Continental Tour Bronze

    August 6, 2025

    Hero MotoCorp Q1 Profit Surges 65% to ₹1,706 Crore on Ather Energy IPO Gains

    August 4, 2025

    Aurobindo Pharma Q1 FY26: Net Profit Falls 10% Despite Revenue Growth

    Company
    Company
    Recent Posts
    • Indian Institute of Technology Ropar Showcases Leadership Across Four Key Sessions at India AI Impact Summit 2026
    • PM Announces India–France National Centre of Excellence in Aviation at Kanpur under PM-SETU
    • AM Group Commences Development of Gigawatt Scale AI Compute Hub in Uttar Pradesh
    • From Boardrooms to Boundaries: Teams Light Up the Cricket Field
    • Raksha Mantri Inaugurates Missile Integration Facility At BEL
    • Media Monitoring
    • National
    • BIHAR ELECTION
    • UP and States
    • Petroleum & Natural Gas
    • Private Sector
    • Infra
    • PSU
    • SKILL DEV./ CSR
    Copyright © 2017 khabarindia.in. About / Privacy Policy / Terms and Condition / Contact Us

    Type above and press Enter to search. Press Esc to cancel.