Hindustan Petroleum Corporation Ltd (HPCL) has bagged the city gas distribution licences for four districts of Bengal, bringing the entire state under the coverage of the clean fuel which can be used by households and the transport industry.
The price bids for Malda, Murshidabad, Birbhum and South Dinajpur were opened on Thursday by the Petroleum and Natural Gas Regulatory Board and HPCL came out on top in all the four districts. The public sector oil major had previously won the right to lay gas networks in eight districts of the state.
“We expect to put in Rs 2,000 crore to build the infrastructure in these four districts, taking HPCL’s cumulative investment in Bengal for city gas distribution (CGD) across 12 districts to close to Rs 8,000 crore,” Sanjoy Ghosh, general manager of CGD, HPCL, said.
