Rajasthan: RSGL to expand pipe gas network across state

Rajasthan: RSGL to expand pipe gas network across state

He added that RSGL is working on the urban gas distribution system on a war footing in Kota city. Domestic gas is being distributed through pipelines to 10,000 households by establishing eight CNG stations in Kota city

Jaipur: Rajasthan State Gas Ltd. has doubled profit in 2020 by significantly reducing expenses. Chairman RSGL and principal secretary of mines and petroleum Ajitabh Sharma said that in the financial year of 2020, the profit of RSGL has increased from Rs 5.38 crore to more than Rs12.63 crore.

Sharma also said that 10,000 new domestic gas connections will be given through pipeline in Kota by March, while the distribution of LPG through pipeline to domestic consumers, industries and setting up of CNG stations is in progress in 19 cities of the state by various companies. Sharma, while addressing the seventh annual general meeting, said developing PNG and CNG distribution networks is the need of the hour in view of increasing pollution and cost.

He added that RSGL is working on the urban gas distribution system on a war footing in Kota city. Domestic gas is being distributed through pipelines to 10,000 households by establishing eight CNG stations in Kota city. CNG is being made available to industries and vehicles from Mother Station in Neemrana, Alwar and by setting up at Jaipur’s Dotter Booster Station, Kukas. A network of urban gas distribution system is also being developed by RSGL in Gwalior and Sheopur in Madhya Pradesh. He said that one CNG station has been established at both the places.

Mohan Singh, MD RSGL said that with the doubling of CNG stations and better financial management, have resulted in reduction in expenditure resulted in achievement of over 130 per cent in pre-tax profit, post-tax profit and earnings per share.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/rajasthan-rsgl-to-expand-pipe-gas-network-across-state/79185800

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