Saturday, April 29, 2023

Assam Gas Company Limited, Oil India Limited sign agreement for establishment of Joint-Venture Private Limited Company

The JV company, with Government of Assam-owned AGCL having 51% of share equity and OIL retaining the remaining 49%, shall, apart from building local natural gas grids and providing piped natural gas to domestic and commercial establishments in Lakhimpur, Dhemaji, Darrang, Udalguri, Sonitpur and Biswanath Chariali and a few districts of Tripura for the time being, shall also set-up numerous compressed natural gas (CNG) stations.

from Energy-Industry-Economic Times https://economictimes.indiatimes.com/industry/energy/oil-gas/assam-gas-company-limited-oil-india-limited-sign-agreement-for-establishment-of-joint-venture-private-limited-company/articleshow/99873074.cms

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