Guwahati, Aug 27: Oil India Limited (OIL) and Bharat Petroleum Corporation Limited (BPCL) today formalized a Joint Venture Agreement (JVA) to establish a Joint Venture Company (JVC) for city gas distribution in Arunachal Pradesh.
The agreement was signed in the presence of Dr. Ranjit Rath, Chairman & Managing Director, OIL, and Sanjay Khanna, Director (Refineries) with Additional Charge of Chairman & Managing Director, BPCL.
The JVC will develop a comprehensive gas distribution network in the state, including the establishment of Compressed Natural Gas (CNG) stations and the provision of Piped Natural Gas (PNG) to domestic, commercial, and industrial consumers. The initiative aims to enhance access to clean energy and drive socio-economic development in Arunachal Pradesh, in line with the Government’s vision of promoting a gas-based economy.
Speaking on the occasion, Dr. Ranjit Rath, CMD of OIL, said: “The establishment of City Gas Distribution in Arunachal Pradesh marks a significant milestone in OIL’s efforts to provide clean and reliable energy to the region. With our long-standing presence in hydrocarbon production in the state, and following the commissioning of the Kumchai-Kusijan gas pipeline last year, we are reinforcing our role in advancing the Government of India’s hydrocarbon vision for the North-East.”
Sanjay Khanna, CMD of BPCL, added: “This Joint Venture reaffirms BPCL’s commitment to expanding clean energy access across India, with a special focus on the North-East. Together with OIL, we will build a robust City Gas Distribution network to serve households, industries, and transport. Arunachal Pradesh holds immense potential, and through this initiative, we aim to drive sustainable growth, improve quality of life, and support India’s vision of a gas-based economy.”
The new JVC will undertake the City Gas Distribution (CGD) project in Arunachal Pradesh, awarded to the OIL-BPCL consortium during the 12th CGD Bid Round conducted by the Petroleum and Natural Gas Regulatory Board (PNGRB).
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