ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • LIC IPO
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Bitbns
  • Marksmen 2022
  • More ...
    • VIDEOS
    • PHOTOS
    • MARKSMEN 2022
BREAKING NEWS
  • Foreign portfolio investors dump Indian equities worth over Rs 35,000 crore in May so far on US Fed rate hike & dollar appreciat
  • Central excise duty cut on petrol, diesel: Check new rates in your city effective today
  • GST Council mulling to modify monthly tax payment form for better input tax credit reporting
  • Punjab National Bank earns over Rs 645 crore through ATM transaction charges in FY22
  • Tata Motors expects domestic passenger vehicle industry to surpass FY19 volumes this fiscal
Read in App
Business News » India News

Billionaire Gautam Adani led group bags this big project across 21 cities

According to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Salem in Tamil Nadu and Guna in Madhya Pradesh.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Billionaire Gautam Adani led group bags this big project across 21 cities
Billionaire Gautam Adani’s group has bagged licences to retail gas in 21 cities, image source:reuters

Billionaire Gautam Adani’s group has bagged licences to retail gas in 21 cities in the latest city gas distribution bid round that saw state-owned Bharat Petroleum Corp Ltd’s (BPCL) unit and Torrent Gas emerging as the other big winners.

Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on its own and another nine, including Allahabad, in joint venture with state-owned Indian Oil Corp (IOC), according to results of 78 out of the 86 cities that were bid out in the country’s biggest city gas distribution (CGD) bid round.

According to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Salem in Tamil Nadu and Guna in Madhya Pradesh.

Bharat Gas Resources Ltd, a unit of state-owned BPCL, won a licence for 11 cities like Amethi and Rai Bareli in Uttar Pradesh and Ahmednagar in Maharashtra, while Torrent Gas Pvt Ltd made nine winning bids that included ones for Alwar in Rajasthan, Moradabad in Uttar Pradesh and Karaikal in Puducherry. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Bharat Petroleum Corp Ltd (BPCL)Indian Oil Corp (IOC)Petroleum and Natural Gas Regulatory Board
Written By: PTI
Updated: Mon, Aug 13, 2018
10:05 am
New Delhi, PTI
RELATED NEWS
BPCL shares touch 52-week low as disinvestment plan hits hurdle with only one bidder left in fray; stock corrects 26% in one year  BPCL shares touch 52-week low as disinvestment plan hits hurdle with only one bidder left in fray; stock corrects 26% in one year
Petronet may look at building 4th LNG import terminal Petronet may look at building 4th LNG import terminal
IOC, BPCL, HPCL lost USD 2.25 bn in revenue due to fuel price freeze: Moody's IOC, BPCL, HPCL lost USD 2.25 bn in revenue due to fuel price freeze: Moody's
BPCL privatisation may be pushed to next fiscal; no bidder approaches company in Q3, says official BPCL privatisation may be pushed to next fiscal; no bidder approaches company in Q3, says official

LATEST NEWS

PLI Scheme for specialty steel: Government receives 10 applications; mulls to extend last date again

Apple likely to launch new HomePod by early 2023

Mutual Funds collect Rs 1.08 lakh cr via 176 new fund offerings in FY22 on retail investors' interest

GST Council mulling to modify monthly tax payment form for better input tax credit reporting

Auto sector in focus: Commercial and private vehicles to drive growth this fiscal, 2-wheelers, tractors to remain sluggish – Report

Punjab National Bank earns over Rs 645 crore through ATM transaction charges in FY22

Over 50% NRI commercial real estate investors are millennials, says Neo Reality Survey

Sun Pharma recalls over 10,000 bottles of generic anti-depression drug in US amid customer complaint

Tata Motors expects domestic passenger vehicle industry to surpass FY19 volumes this fiscal

Foreign portfolio investors dump Indian equities worth over Rs 35,000 crore in May so far on US Fed rate hike & dollar appreciation

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV