BPCL, HPCL walk away with city gas licenses in latest bid round
State-owned Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have bagged two licenses each for retailing CNG to automobiles and piped cooking gas to households in the latest bid round, regulator PNGRB said on Wednesday.
Seven companies had put in 21 bids for city gas licences in five areas in states like Uttar Pradesh and West Bengal.
The Petroleum and Natural Gas Regulatory Board (PNGRB) had offered 5 Geographical Areas (GAs), spread over 27 districts in five states, in the 11A city gas distribution (CGD) bid round.
BPCL won the license for a GA comprising districts such as Lakhimpur Kheri, Sitapur and Mahrajganj in Uttar Pradesh and another for Chhattisgarh’s Koriya, Surajpur,
