Torrent to invest Rs 8,000 cr in CGD; Pradhan bats for home-delivery of CNG

The company has got 16 geographical areas covering 32 districts with a population of over 90 mn, in the ninths and tenth round of CGD bidding

Topics
City Gas Distribution | CGD | CGD infrastructure

Shine Jacob  |  New Delhi 

Torrent Gas, the city gas distribution (CGD) arm of Torrent Group, is planning to invest around Rs 8,000 crore in the city gas distribution (CGD) sector over the next five years, a company executive said on Tuesday. The company has got 16 geographical areas (GAs) covering 32 districts with a population of over 90 million, in the ninths and tenth round of CGD bidding. "Our plan is to invest around Rs 8,000 crore in creating city gas infrastructure in the GAs allotted to us.

Of this, already Rs 150 crore has been invested," said Jinal Mehta, Director, Torrent Gas. The company ...

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First Published: Tue, October 06 2020. 15:32 IST
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