NATIONAL

Roadshow for 10th round of City Gas bidding in Kerala

The 10th City Gas Distribution (CGD) will cover one ‘geographical area’ covering three districts of Alappuzha, Kollam and Thiruvananthapuram in Kerala, a spokesman for the Petroleum and Natural Gas Regulatory Board (PNGRB) has said.

The previous round had seen CGD authorisation being granted to four geographical areas in the State covering Kozhikode, Wayanad, Malappuram, Kannur, Kasaragod, Palakkad and Thrissur districts.

‘Big initiative’

This is a big initiative towards providing clean energy to the people of the State, the spokesman said. The PNGRB is the nodal agency for facilitating economic activities in natural gas distribution. In this connection, the PNGRB board is organising a roadshow here on Tuesday for promoting the 10th CGD bidding round in Thiruvananthapuram.

Prime Minister Narendra Modi launched this round comprising 50 geographical areas covering 124 districts in 14 States at a function held at Vigyan Bhawan, New Delhi, on November 22.

‘Good response’

The recently concluded ninth CGD bidding round for 86 geographical areas (GAs) covering 174 districts in 21 States/ UTs received good response from investors across the sector, the spokesman said.

It elicited 406 bids rom 38 organisations (including eight and two overseas investors) and received a minimum work commitment of 2.2 crore domestic PNG connections.

https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/article26046953.ece