Torrent Gas to lay Rs 5k-crore distribution network
CHENNAI: Torrent Gas Chennai Pvt Ltd will be pumping in a whopping Rs 5,000 crore to establish a City Gas Distribution network in Chennai and Tiruvallur. An MoU has been signed with the government, and is expected to develop infrastructure to provide retail compressed natural gas (CNG) to automobiles and piped gas supply to households and industries.
The firm will lay pipelines and create other infrastructure in Chennai and Tiruvallur districts, covering an area of 3,569-sqkm to provide piped natural gas (PNG) connections to homes, industries and commercial establishments. It will also set up infrastructure to dispense CNG to automobiles.
