Adani-IOC,GAIL among bidders for piped gas supply in 14 cities.

Adani Gas-Indian Oil combine and state gas utility GAIL were among nearly a dozen firms that bid for licenses to retail CNG and piped cooking gas in 14 cites including Bengaluru and Pune.

Other firms that bid for city gas distribution licenses at the close of bidding recently included Bharat Petroleum Corp Ltd. (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Gujarat Gas and GSPC, sources said.

Oil regulator PNGRB had in September last year invited bids for development of CGD networks in Eranakulam in Kerala; Rangareddy/Medak, Nalgonda and Khammam in Andhra Pradesh/ Telengana; Bengaluru rural and urban districts in Karnataka; Raigarh, Pune and Thane in Maharashtra; Daman; Dadar & Nagar Haveli; Shahjahanpur in UP; Guna in MP; Panipat in Haryana and Amritsar in Punjab.

In all 44 bids were received with Bengaluru being the most sought after and Andhra Pradesh/Telengana faring poorly.

Adani-IOC combine bid for Eranakulam, Bengaluru, Daman, Dadar and Nagar Haveli, Amritsar and Panipat.

GAIL Gas Ltd., the city gas distribution arm of GAIL, bid for Bengaluru, Amritsar, Panipat, Daman and Dadar and Nagar Haveli.

ET