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PNGRB organizes roadshow

PNGRB organizes roadshow

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  24 May 2018 6:30 PM GMT

GUWAHATI, May 24: The Petroleum and Natural Gas Regulatory Board (PNGRB) organized six roadshows for the ‘9th City Gas Distribution (CGD) Bidding Round’ in Guwahati on Thursday.

Attending the roadshow as chief guest, Minister of Education and Guwahati Development Siddhartha Bhattacharya expressed that the State is already working with public sector undertakings to provide Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) not only to Assam but also to other States. He further added that the Barauni — Guwahati pipeline, is an extension of the Urja Ganga pipeline, and will connect the North-eastern region to other states of the country. “An establishment of a Gas-Grid in the North-east connecting all states with gas pipelines will provide tremendous impetus to economic growth and would lead to employment generation in the State,” Bhattacharya said.

In the 9th CGD Bidding Round, PNGRB has on offer 86 Geographical Areas (GAs) covering 174 districts (156 complete and 18 in parts), spread over 22 States and Union Territories (UTs) in India. These GAs cover 29% of India’s population and 24% of its geographical area. After award of the GAs under offer, gas distribution would reach 286 districts (276 complete and 10 parts) spread over 25 States, UTs, covering 60 crore people (49% of India’s population) and 35% of India’s area.

During the roadshow, PNGRB Chairperson Dinesh K Sarraf presented to the investor community, the salient features of the 9th CGD Bidding Round. In his address to the investors, Sarraf highlighted the need to work together and leverage the opportunities available today in the CGD business, thereby enabling the Government of India to achieve its target to connect 1 crore households to PNG by 2020.

The roadshow witnessed participation from the oil and gas industry, industry associations, existing and prospective CGD investors, policy makers and the general public.

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