Billionaire Gautam Adani's gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses.
Reliance-BP joint venture today bid for licence to retail gas in 15 cities while Indraprastha Gas Ltd put in bids for 13 cities.
With a clear vision for the future of India's energy sector, PNGRB intends to make our country a hot destination for investments in energy sector.
The govt plans to launch a natural gas trading hub by October, creating an Indian gas benchmark which will spark a surge in consumption of the cleaner-burning fuel.
PNGRB has radically changed the bidding parameters for obtaining a licence to retail CNG and piped cooking gas in cities.
Oil ministry has asked regulator to look at unbundling of companies like GAIL to resolve conflict of interest in being both the transporter and marketer of natural gas.
PNGRB will this month offer for bidding CNG retailing licences in 100 cities on revised terms, Petroleum Minister Dharmendra Pradhan said.
Dharmendra Pradhan said GAIL plans to extend the ambitious Urja Ganga natural gas pipeline project to Guwahati to connect the north-eastern region with grid.
GAIL India Ltd has deployed drones on pilot basis on its main trunk pipeline as it uses technology to secure its vast network.
The Supreme Court today dismissed the appeal of PNGRB filed against the Delhi High Court decision.