- As many as 32 CNG stations became operational in 3 states under the brand – Megha Gas.
NE BUSINESS BUREAU
AHMEDABAD, JAN 15
Hyderabad-based multi-sector global engineering major Megha Engineering and Infrastructures Ltd (MEIL) on Friday announced that it has emerged as the successful bidder for the highest number of geographical areas (GA) across India. Winning the bids for 15 geographical areas, MEIL bagged 23 percent of the total number of GAs that went under the hammer.
The Petroleum and Natural Gas Regulatory Board (PNGRB) had called for bidding of City Gas Distribution (CGD) project for 65 Geographical Areas (GA) across India.
In response, the MEIL bade for 43 GAs. Of the 65 GAs opened up for bidding, nobody has offered tenders for four geographical area, thus bringing down the total number of GAs to 61.
The MEIL emerged successful bidder in respect of 15 GAs.
The successful bidders those who were awarded the parcels under the City Gas Distribution (CGD) project will have to construct city gate station or mother stations, lay the main pipeline and distribution pipelines and install CNG stations.
The CGD aims at promoting green fuel (Natural Gas) like Piped Natural Gas (PNG) for households and industries (for domestic or industrial consumption) and also Compressed Natural Gas (CNG) used as fuel for vehicles and automobile industry.
It may be recalled that MEIL was previously awarded 3 GAs under 10th bidding of CGD.
Those GAs were the districts of Tumkur and Belgaum (Karnataka), Krishna (Andhra Pradesh) and Nalgonda, Warangal, Ranga Reddy, and Khammam (Telangana).
As many as 32 CNG stations became operational in 3 states under the brand – Megha Gas.
MEIL had participated in previous City Gas Distribution bidding round no 5 & 10. MEIL won 07 Geographical Areas in that round. In the previous bidding round (Round 10), the PNGRB has awarded 228 GAs — which will have operations in 27 States and UTs, covering approximately 53% of the country’s geographical area and 70% of its population.