BPCL to Invest Rs. 3,972 Cr. for Gas Distribution Network in Maharashtra
State-owned Bharat Petroleum Corporation Limited (BPCL) will invest Rs. 3,972 crore in the City Gas Distribution (CGD) project in Aurangabad and Ahmednagar districts of Maharashtra.
The Minister of State for Finance, Dr Bhagwat Karad said, “The work on the gas distribution network line work is underway from Srigonda in Ahmednagar to Aurangabad”. The work on the gas distribution line in Aurangabad city will commence on 2nd March, 2022, and by December, 2022 gas will be supplied to Aurangabad city households through the pipeline.
Gas connectivity in areas of Walunj and Shendre in Aurangabad and Supa in Ahmednagar will be completed by September, 2022 for industrial customers.
BPCL’s Executive Director (Gas) Sukhmal Jain said that in the first five years Rs. 1,600 crore will be spent on the project. For this period, approximately 3 lakh PNG connections, 100 CNG filling stations and laying of 350 km of steel pipeline network has been planned.
BPCL has set up 21 CNG stations (15 in Ahmednagar and six in Aurangabad) and work for 40 more is underway in both the districts.
With this project, BPCL’s total investment in the CGD network will increase to Rs. 22,000 crore.