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IOCL-Adani Gas to Invest Rs 45bn in Kerala for City Gas Distribution Project

IndianOil-Adani Gas Pvt Ltd (IOAGPL), which is implementing the city gas distribution project in Kerala, will be investing more than Rs 45 billion in CGD projects over the next five-six years.

 

The amount would be earmarked for setting up a 300-km steel pipeline network, besides a more than 2,500-km-long MDPE (medium density polyethylene) network along with associated facilities to provide CNG to industrial, commercial and domestic units.

 

Besides, the company would set up more than 450 CNG stations to cater to the transportation sector. It has invited applications for setting CNG stations in a dealership model (Dealer owned Dealer Operated (DODO), which has started receiving an encouraging response, said Bhashit Dholakia, Senior Vice-President and COO, IOAGPL.

 

According to him, the work for the construction of a steel network in Thrissur, Palakkad, Mallapuram, Kozhikhode, Kannur and Kasargod has started. A total of six CNG stations have been commissioned in Thrissur and work on 14 more stations is in progress.

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