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Adani, GAIL & Bharat Gas to invest Rs 34 bn in gas distribution in Odisha

These three companies have emerged as the successful bidders in the ninth round of bidding for implementing the project in the state

Gas hydrate reserves

Adani Gas, GAIL Gas and Bharat Gas Resources (a subsidiary of BPCL) will invest Rs 34 billion in creating city gas distribution (CGD) network in Odisha in the next eight years in seven geographical areas (GA) covering 17 districts. A CGD network is an interconnected network of pipelines for supply of gas to domestic, industrial or commercial premises and CNG stations situated in a specified GA. These three companies have emerged as the successful bidders in the ninth round of bidding for implementing the project in the state. In this round, Bharat Gas Resources bagged ...