Allocation of Domestic Natural Gas to APGDC for CGD operations in East Godavari & West Godavari districts of Andhra Pradesh

Image
Capital Market
Last Updated : Jun 06 2016 | 10:49 AM IST
The Ministry of Petroleum & Natural Gas (MoPNG) has approved the allocation of 3,000 SCMD domestic natural gas to Andhra Pradesh Gas Distribution Corporation (APGDC) for East Godavari and West Godavari Geographical Areas. This decision would enable APGDC to start regular CNG sale from its recently commissioned CNG station in Kovvur, and thus bring West Godavari district on the CGD map of the country. The allocation of domestic gas for CGD activities has been a long-standing demand put forth by the Chief Minister of Andhra Pradesh and APGDC.

MoPNG has been aggressively pursuing the rollout of CGD networks across the country so as to maximize the reach of CNG for transport and PNG for domestic households. Under the Government's policy, domestic natural gas is allocated on a high priority basis to CGD entities in order to fully meet their requirements of CNG (transport) and PNG (domestic).

APGDC is a Joint Venture company promoted by GAIL Gas Limited (a wholly owned subsidiary of GAIL (India) Ltd., a Central Public Sector Enterprise) and APGIC, an Andhra Pradesh State Government Public Sector Enterprise, with the objective of pursuing CGD and other gas-related business activities in the state of Andhra Pradesh. APGDC, in consortium with HPCL, was awarded the PNGRB authorization in 2015 for laying and operating CGD networks in the Geographical Areas of East Godavari and West Godavari districts of Andhra Pradesh.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 06 2016 | 10:49 AM IST

Next Story