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Home / Business / Megha Engineering bags 15 city gas licences, Adani total gets 14

Megha Engineering bags 15 city gas licences, Adani total gets 14

Indian Oil Corporation stands at nine
Picking up speed.

Our Bureau, PTI   |   New Delhi   |   Published 15.01.22, 03:27 AM

Megha Engineering and Infrastructures Ltd (MEIL) walked away with 15 licences to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, while a joint venture of billionaire Gautam Adani’s gas firm and Total of France got 14 licences.

According to the results of the bid opening for the 11th round of city gas distribution (CGD) bidding, Indian Oil Corporation (IOC) stands to get nine licences and Bharat Petroleum Corporation Ltd (BPCL) six.

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While Assam Gas Company is winning three licences, Dinesh Engineers is set to bag licences for four geographical areas (GAs).

Hindustan Petroleum Corporation Ltd (HPCL), GAIL Gas Ltd, Think Gas Distribution Pvt Ltd, IRM Energy Pvt Ltd, Indraprastha Gas Ltd and Sholagasco Pvt Ltd are to get one licence each.

An official of the Petroleum and Natural Gas Regulatory Board (PNGRB) said the bids have been opened and the preliminary winners decided but a formal announcement will be made in the next few days after the documents submitted by the bidders are verified.



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