New Delhi: In a major fillip to the development of clean fuel ecosystem in Bengaluru, GAIL Gas Limited, and Confidence Petroleum India Limited (CPIL) have signed an agreement on March 25 in New Delhi for setting up 100 CNG Stations in Bengaluru to strengthen CNG network in Bengaluru.

Shri Vivek Wathodkar, Chief General Manager & Officer in Charge GAIL Gas Limited Bengaluru signed the agreement on behalf of GAIL Gas Limited while Shri Nitin Khara, Chairman & Managing Director CPIL inked the agreement on behalf of CPIL. Shri E.S. Ranganathan, Director (Marketing) GAIL (India) Limited, Shri M.V. Ravi Someswarudu, Chief Executive Officer, GAIL Gas Limited were also present at the occasion along with other officials of GAIL, GAIL Gas and CPIL.

  As part of the agreement, CPIL will set up and operate 100 CNG Stations and associated facilities of GAIL Gas Limited in Bengaluru. The Dealership Agreement is for setting up 100 CNG stations over next three years. The new CNG stations will be located in core areas of city or at CPIL's auto LPG retail outlet sites.

To optimize uptake of CNG and improve the accessibility of CNG fuel for Bengalureans, GAIL Gas has been adopting various models of CNG dispensing in the city. GAIL Gas has extended its network through the Company Owned Company Operated CNG Station model and CNG Stations at Retail outlets of Oil Marketing Companies. With this agreement, GAIL Gas will increase CNG Stations in the city on Dealership model.

Reserve Bank announces panel to evaluate licence applications

SAI ABHINAY CHIPURI’S CONTRIBUTIONS TO THE INDIAN FARMING

Adani Green Energy raises USD1.35 Bn in Asia’s one of largest project financing deals