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Rs 1.1 trillion lined up for city gas distribution over next 10 years

The investment will come in areas allotted during the ninth round of auctions and 50 areas that will be allotted under the 10th round of bidding

India to get investment of around Rs 1.1 trillion in city gas distribution
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Shine Jacob New Delhi
India is set to get an investment of around Rs 1.1 trillion in city gas distribution (CGD) over the next 10 years.

The investment will come in areas allotted during the ninth round of auctions and 50 areas that will be allotted under the 10th round of bidding.

Prime Minister Narendra Modi will launch the 10th CGD bidding round in 124 districts (50 areas) of 14 states on November 22 at Vigyan Bhawan in New Delhi. 

Along with this, he will dedicate networks in 65 geographical areas of a total of 86 allotted in the ninth round. Companies are being

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