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Web Exclusive | August 2018

Adani bags gas rights for 21 cities

With state-owned Bharat Petroleum and Torrent Gas emerged as big winners at the latest City Gas Distribution (CGD) bid, Gautam Adani’s group won the rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on it own and the remaining nine, including Allahabad, in a joint venture with state-owned Indian Oil (IOC). 86 cities were offered for retailing of CNG to automobiles and piped cooking gas to households in the CGD bid of which IOC bid for 34 cities on its own and 20 in partnership with Adani Gas, while Adani Gas bid for 32 cities on it own.
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