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Pradhan to give LoIs for 50 GAs under 10th CGD bidding round

Pradhan to give LoIs for 50 GAs under 10th CGD bidding round

NEW DELHI: Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship Dharmendra Pradhan will distribute the Letters of Intent (LoIs) to 12 successful entities for 50 Geographical Areas (GAs) under the 10th CGD Bidding Round recently awarded by PNGRB.

This heralds a new era with respect to the availability of convenient, environment-friendly and cheaper natural gas for more than 70 per cent of the country's population spread across 27 States and Union Territories up to the 10th round.

The ceremony will be held at 10 am on 1st March, 2019, at Stein Auditorium, India Habitat Centre, New Delhi.

Encouraged with the enthusiastic participation by the industry in the 9th CGD Bidding Round and recognising the need of the country to create infrastructure for distribution of natural gas in various parts of India, PNGRB initiated the 10th CGD Bidding Round on 8.11.2018 which was formally launched by Prime Minister Narendra Modi on November 22, 2018, at Vigyan Bhavan, New Delhi.

The 10th round covered 50 Geographical Areas (GAs) spread over 14 states and 124 districts (112 full and 12 part), covering 24 per cent of India's population and 18 per cent of its area.

The e-bidding process has been initiated on 8th November, 2018, with the last date for bid submission as 5th February, 2019. The bid evaluation for all 50 GAs has been completed in record period of three weeks.

After this round, 70% of India's Population, 52% of Area, 402 districts spread over 27 states and union territories and the states of Delhi, Gujarat, Goa, Punjab, Haryana and Union Territories of Daman & Diu, Dadra & Nagar Haveli, Chandigarh would be fully covered with CGD.

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