AGCL, OIL, GGL sign agreement for setting up of the new company for City Gas Distribution (CGD) network in Assam

Last Updated: July 15, 2019

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AGCL, OIL, GGL sign agreement for setting up of the new company for City Gas Distribution (CGD) network in Assam
15 July 2019 Current Affairs: Assam Gas Company Limited (AGCL), Oil India Limited (OIL) and GAIL Gas Limited (GGL) signed an agreement for setting up of a new company for implementation of the City Gas Distribution (CGD) network 
It is done in five districts namely Kamrup, Kamrup, Cachar, Hailakandi and Karimganj of Assam.
The joint venture is the result of the extension of the National Gas Grid Pipeline (Urja Ganga Project) 
It is planned for an extension from Jagadishpur in Western Uttar Pradesh, to Haldia in West Bengali
In the 5 districts, about 4.16 lakh households connected with the Piped Natural Gas (PNG) and 72 CNG(Compressed natural gas) stations will be set up.
The Industrial sector, power generation sector, automotive CNG sector, and households sector benefited by the supply of natural gas grid throughout Assam and other parts of the northeast.
The three entities formed a consortium and operating the City Gas Distribution Networks in two geographical areas (GA) in Assam. 
GA-2 consists of Cachar, Hailakandi and Karimganj districts and GA-3 consists of Kamrup and Kamrup (Metro) districts.
Hailakandi and Karimganj districts, 95,000 households connected with the PNG and 21 CNG stations will be at a cost of approximately Rs 500 crore.
About 3,21,000 households will be connected with the PNG and 51 CNG stations will be set up at a cost of approximately Rs 1,200 crore.
Aditya Kumar Sharma; Executive Director (Business Development), Oil India Limited, S. K. Singh; CEO, GAIL, Gas Ltd., A. K. Jana signed the Joint Venture Agreement in the presence of Industries & Commerce Minister Chandra Mohan Patwary, Media Adviser to Chief Minister, Hrishikesh Goswami.

About Assam:
Capital: Dispur
Governor: Jagdish Mukhi
Chief Minister: Sarbananda Sonowal

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