Oil regulator PNGRB seeks bids for city gas retailing licence for 65 areas

Oil regulator PNGRB on Friday invited bids for giving out city gas retailing licence in 65 geographical areas (GAs) including Jammu, Nagpur, Pathankot and Madurai.

Bids for the 65 GAs being offered in the 11th city gas licensing round are due on December 15, Petroleum and Natural Gas Regulatory Board (PNGRB) said in a statement.

Presently, there are 228 geographical areas authorised by PNGRB in 27 states and UTs covering approximately 53 per cent of the country’s geographical area and 70 per cent of its population.

In the last city gas distribution (CGD) bidding round – the 10th CGD bidding round, 50 GAs were authorised for the development of CGD network.