This is the second auction in a row that IOC has dominated
Indian Oil Corp (IOC) has won licences to retail gas in 10 cities while Hindustan Petroleum Corp Ltd (HPCL) won rights for nine towns as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced winners for the 10th city gas bid round.
IOC won city gas distribution licences for nine cities, most of them in Bihar and Jharkhand, on its own and one in a joint venture with Adani Gas, according to a press statement issued by PNGRB.