These three companies have emerged as the successful bidders in the ninth round of bidding for implementing the project in the state
The CGD business model is currently based on the supply of cheap domestic gas, which is both inherently flawed and unsustainable
Oil regulator PNGRB said a total of 4,346 CNG stations have been committed to be set up in the 84 Geographical Areas (GAs) in eight years
While Adani Gas got 11 areas through joint ventures and six single bids, IOC was successful in grabbing nine geographical areas
Latest round to bring investment of about Rs 700 billion
On offer are 86 geographical areas in 174 districts covering 29 per cent of the population, compared with a cumulative 56 geographical areas awarded in the previous eight rounds in the past 10 years
All public sector undertakings are likely to put in bids in this round
CGD volume growth has been aided by focus of the Delhi government on strengthening public transport