GUWAHATI: Consortium of three Public sector units , Assam Gas Company Ltd (AGCL), Oil India LimitedNSE -0.03 % (OIL) and GAILNSE -0.71 % Gas Ltd on Thursday signed a joint venture agreement for incorporating a new company for implementation of the City Gas Distribution (CGD) Networks.
The Joint Venture Company shall implement the City Gas Distribution (CGD) Networks and supply Piped Natural Gas to the domestic, commercial and industrial customers and CNG (Compressed Natural Gas) to the vehicles in Kamrup, Kamrup (Metro), Cachar, Hailakandi and Karimganj districts in Assam.
