News Brief | September 2014
Six firms eye Kochi gas project
Six companies have responded to tenders invited for the development of the city gas distribution network in Ernakulam district. Sources with the Petroleum and Natural Gas Regulatory Board (PNGRB) said the tenders for gas networks in 19 geographical stations were invited last October and opened a couple of days ago. Companies which have responded include Indian Oil-Adani group consortium, Bharat Petroleum Corporation Ltd (BPCL) , Esselgroup Siti Energy Ltd (SEL), IMC Limited and Synergy Fields Pvt Ltd. Kerala Gail Gas Limited (KGGL), a joint venture between Kerala State Industrial Development Corporation (KSIDC) and the Gas Authority of India Limited (Gail) has also submitted a bid. PNGRB is carrying out technical evaluation of the bids.