NEW DELHI: A joint venture of billionaire Gautam Adanirun group’s gas arm and Total of France on Friday walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB.
Adani Total Gas Ltd won city gas rights in 14 out of the 52 geographical areas (GAs) for which Petroleum and Natural Gas Regulatory Board (PNGRB) declared results on Friday.
Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) won 13 GAs, while state-owned Indian Oil Corporation (IOC) was adjudged winner in 8 GAs.
As many as 65 GAs were offered for bidding in the 11th city gas distribution (CGD) licensing round. Of this, bids were received for 61 GAs but results for only 52 GAs were announced on Friday.
The results of the remaining 9 GAs have been withheld due to the model code of conduct being in place in Uttar Pradesh and Uttrakhand for assembly elections.
PNGRB has written to the Election Commission and results of the 9 GAs which fall in the two states will be announced once its approval is received, officials said.
Continue reading your story on the app
Continue reading your story in the newspaper
Will Smith appears on David Letterman’s show post Oscar controversy
‘When I was nine, I saw my father beat up my mother and I did not do anything (about it). And that just left a traumatic impression’, he said
Zendaya, Reeves among Time’s 100 Most Influential People
The much-talked about list is classified under categories of artists, innovators, titans, leaders, icons as well as pioneers
Justin Bieber to perform in Delhi on October 18
The concert is scheduled to be held at the Jawaharlal Nehru Stadium in New Delhi
David Miller guides Gujarat to IPL final, beat RR by 7 wickets
Pandya (40 no off27 balls) and Miller (68 off38 balls) added 101 runs in exactly 10 overs to seal the deal with three balls to spare
Crude oil output falls 1% in April
India produced 2.47 million tonnes of crude oil in April
Heritage by-laws of 126 protected monuments completed by NMA
TAJ MAHAL, QUTAB MINAR, DWARKADHEESH TEMPLE AWAIT ASI NOD
Rahul’s meet with Labour MP Corbyn in the UK triggers row
HOW LONG CAN ONE GO ON AGAINST ONE’S COUNTRY: BJP LEADER
Delhi riots: ‘In jail on basis of hearsay statement of witness’
THE CHARGESHEET FILED IN THE MATTER WAS BASELESS, SAYS UMAR KHALID
In 15-18 years age group, over 80% got first vaccine dose: Mandaviya
India logs 1,675 Covid cases in a day
‘Qutub Minar not place of worship’: ASI opposes plea
Delhi court reserves orders for June 9 in the petition seeking restoration of 27 temples that were alleged to have been destroyed to construct the complex
Unable to pass on cost, oil cos take emergency steps
NEW DELHI: Unable to pass on the increase in crude oil prices to consumers for the past one month on account of political pressure, domestic oil companies have resorted to a range of emergency measures such as stopping credit facilities to pump owners and rationing fuel supplies to retail outlets, taking some pumps to the verge of getting dry.
GOVT MAY TAKE FRESH LOOK AT BPCL PRIVATISATION
THERE ARE ISSUES OF CONSORTIUM FORMATION, GEOPOLITICAL SITUATION, ENERGY TRANSITION
The Unreliable Promoter
While the government is happy to sell shares of its companies in the public market to raise money when required, it has nothing but rank disrespect for the rights of other shareholders. For decades, it has run roughshod over them in listed PSUs
'FUEL PRICES TO GO UP FURTHER'
Vehicle users in Maharashtra will have to shell out more money for the purchase of petrol and diesel as the prices are expected to surge further.
THE BIG PRIVATISATION PUSHBACK
By January this year, the Centre had achieved just five per cent of its Rs 1.75 lakh crore divestment target for FY22. What ails the privatisation process, and what’s the way out?
NO TIME TO WASTE – A SUSTAINABLE PATH FORWARD WITH DIGITALISATION
Combined with the power of analytics and AI machine learning, industrial AI can promulgate sustainability with accelerated ROI. The article elaborates on trends in industrial AI driving value with sustainability in manufacturing plants.
Vedanta looks for investor to set up BPCL bid fund
Anil Agarwal-owned Vedanta will tie up with an investor to set up a specific acquisition fund to make a bid for Bharat Petroleum Corporation, which is slated for privatisation by the Indian government.
Will not undertake any corporate restructuring, says Vedanta
Board of directors concludes that current structure is optimal and commensurate with current scale
SCI, BPCL among CPSEs to be privatised, three IPOs lined up
FY23 PIPELINE
BPCL says no bidder visits in Q3, privatisation likely in next fiscal
PRIVATISATION OF INDIA'S second-largest oil refiner BPCL may have been pushed back to the next fiscal year as no bidder visited the firm's premises in the last quarter, a senior company official said on Wednesday.