G/R-LNG will be promoted, as per a release issued by the company to the BSE.
The various areas for co-operation include pipeline infrastructure for distribution of natural gas, liquid hydrocarbons (including LPG), promotion of joint venture for city gas distribution projects for domestic and transport sectors.
The joint action between the two parties envisages setting up of a co-ordination group to study the demand potential of the union territory of Puducherry for R-LNG/CNG/PNG to prioritise and take up the specific areas project for implementation for chalking out stage-wise development of infrastructure including for distribution of energy to the door-step of the consumers and to determine the modus-operandi for implementation of the projects through a joint venture (JV) of GAIL and government of Puducheri.
For JV route, the equity participation by GAIL/department of industries & commerce, government of Puducheri and other institutions/offices shall be decided based on the demand potential and techno-economic study. GAIL started its operations in Puducheri in 1992.
