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IOC-Adani joint venturegets City Gas contract

Industry Petroleum & Natural Gas

The Indian Oil Corporation along with Adani Gas Pvt Ltd has bagged a contract to implement the City Gas Distribution (CGD) project in Ernakulam. PNGRB has given the licence to IOC-Adani to provide piped gas to nearly five lakh residents in the Ernakulam district and nearby areas. The contract is planned to be completed in two years. The estimated cost of the project is around Rs.150 crore.

Extracted from HBL, Jan 04,’15

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