Gautam Adani's group emerges biggest winner of city gas licences
According to the Petroleum and Natural Gas Regulatory Board, IOC on its own won rights to four cities. Bharat Gas Resources Ltd, a unit of state-owned Bharat Petroleum Corp Ltd (BPCL), won a licence for six cities, the same number for which Torrent Gas Pvt Ltd too made winning bids.
Bharat Gas Resources Ltd bid for as many as 53 cities while GAIL Gas Ltd put in offers for 34 cities. Gujarat-based Torrent Gas Pvt Ltd bid for 31 cities while Gujarat Gas Ltd put in offers for 21 areas. Image source: IANS