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Torrent Gas inks pact with Tamil Nadu govt to invest Rs 5,000 cr on city gas distribution infra

Monday, 14 Dec 2020
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Torrent Gas has inked an agreement with the Tamil Nadu government, committing an investment of Rs 5,000 crore for development of city gas distribution infrastructure in the state. 
 
Torrent Gas was earlier authorised by the Petroleum and Natural Gas Regulatory Board (PNGRB) to provide compressed natural gas (CNG) and piped natural gas (PNG) in Chennai and Thiruvallur districts.
 
The investment by the company in development of CGD infrastructure is expected to have a major impact on the socio-economic development of the region. 
 
The investment will also provide direct and indirect employment to more than 5,000 people. 
 
The company will be laying pipelines and other requisite infrastructure in Chennai and Thiruvallur districts over an area of 3,569 sq km to provide PNG connections to homes, industries and commercial establishments and CNG to vehicles. 
 
As part of the first phase of the infrastructure roll-out, the company aims to commission over 30 CNG stations in Chennai and Thiruvallur districts in Q4/FY21. 
 
The company has recently commissioned the first CNG station at Nagapattinam in Tamil Nadu and started work of laying the pipelines.

 

 
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