The city gas distribution network has received about 430 bids in 65 geographical areas, which is expected to result in investments worth Rs 80,000 crore, the Petroleum and Natural Gas Regulatory Board has said.
During the bidding for the 11th round of city gas distribution auction, the regulator said all the 65 geographical areas got multiple bids, which indicates growing competition in the clean energy fuel distribution business.
The geographical areas, which would be part of the bidding, were Purulia and Bankura districts, East Midnapore, West Midnapore and Jhargram districts and Alipurduar and Cooch Behar districts. The technical bids would be opened between December 17 and December 22, 2021, PNGRB said.
