AGCL, OIL, GGL sign agreement for setting up of new CGD company in Assam
Assam Gas Company Limited (AGCL), Oil India Limited (OIL) and GAIL Gas Limited (GGL) signed an agreement on Thursday for incorporating a new company for implementation of the City Gas Distribution (CGD) network in five districts of Assam.
The agreement was signed by AGCL’s managing director A K Sharma, OIL’s executive director (Business Development) S K Singh and GAIL CEO A K Jana in the presence of Assam Industries and Commerce Minister Chandra Mohan Patowary.
The venture is the outcome of the extension of the National Gas Grid Pipeline (Urja Ganga Project) to Assam.
Patowary said that with the connection of Assam to the National Gas Grid, steady supply of natural gas shall initiate a spurt in the industrial sector, power generation sector, automotive CNG sector and domestic piped gas to households sector.
