City fuel infra: Investments of Rs 80K cr in pipeline for 61 areas
The newest licensing spherical for establishing of metropolis fuel infrastructure noticed as a lot as Rs 80,000 crore of funding being proposed for 61 geographical areas (GAs) that had been placed on public sale, together with Jammu, Nagpur, Pathankot and Madurai, oil regulator PNGRB mentioned.
Bids for the 65 GAs provided within the eleventh metropolis fuel licensing spherical got here in on December 15, Petroleum and Natural Gas Regulatory Board (PNGRB) mentioned in an announcement. Bids had been acquired for 61 GAs, it added. The 65 GAs, unfold over 215 districts in 19 states and one Union Territory, cowl 26 per cent of the nation’s inhabitants and 33 per cent of its space.
“This round attracted an overwhelming response from investors with more than 430 bids against 61 GAs with no single bid in these GAs. The technical bids would be opened between December 17 to 22,” PNGRB mentioned.
“This initiative would help in creating a robust CGD infrastructure and play a significant role in transforming to a gas-based economy. This would bring investment of more than Rs 80,000 crore and generate employment.”
At current, there are 228 GAs authorised by PNGRB in 27 states and UTs overlaying roughly 53 per cent of the nation’s geographical space and 70 per cent of its inhabitants.
In the final metropolis fuel distribution (CGD) bidding spherical, i.e. the tenth spherical, 50 GAs had been authorised for the event of CGD community.
During 2018 and 2019, PNGRB gave out licences to retail CNG to cars and piped cooking fuel to family kitchens in 136 GAs. This prolonged protection of town fuel community to 406 districts and round 70 per cent of the nation’s inhabitants.
The push for metropolis fuel enlargement is a part of the federal government’s plan for elevating the share of pure fuel within the nation’s vitality basket to fifteen per cent by 2030 from the present 6.3 per cent.
The 65 GAs to be bid out within the eleventh CGD bidding spherical embody Jammu, Udhampur, Samba and Kathua districts within the Union Territory of Jammu and Kashmir.
Nagpur in Maharashtra, Madurai in Tamil Nadu and Rajasthan’s Bikaner and Churu districts are among the many areas being provided for bidding.
Nizamabad in Telangana, the Nilgiris in Tamil Nadu, East Medinipur in West Bengal and Pauri Garhwal in Uttarakhand are additionally on the listing.
Kurnool, Guntur and Prakasam districts in Andhra Pradesh, Assam’s Kokrajhar and Dhubri districts, Darbhanga and Madhubani in Bihar and Chhattisgarh’s Rajnandgaon and Kanker districts will probably be provided.
In Himachal Pradesh, Mandi, Kullu, Kinnaur and Lahaul & Spiti districts have been clubbed into one GA for the bidding and Kangra and Chamba into one other.
Karnataka’s Chikkaballapur, Kerala’s Idukki and Kottayam, Madhya Pradesh’s Hoshangabad, Sagar and Vidisha districts, Jalgaon and Amravati in Maharashtra, Koraput in Odisha, Pathankot and Tarn Taran in Punjab and Tiruvannamalai in Tamil Nadu are different geographical areas being provided for bidding.
While 86 GAs, made up of 174 districts, had been provided for bidding within the ninth spherical that concluded in August 2018, 50 GAs, comprising 124 districts, had been provided within the tenth spherical in 2019.
Received on December 15
Bids for 65 geographical areas (GAs) provided within the eleventh metropolis fuel licensing spherical got here in on December 15, oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) mentioned. Of these, bids had been acquired for 61 GAs
The 65 GAs, unfold over 215 districts in 19 states and one Union Territory, cowl 26% of India’s inhabitants and 33% of its space. In the final metropolis fuel distribution (CGD) bidding spherical, 50 GAs had been authorised for growing CGD community
With PTI inputes