Oil India, Assam Gas Company (AGCL) and GAIL Gas (GGL) have entered into an agreement to set up a new company for implementation of the City Gas Distribution (CGD) network in five districts of Assam.
The joint venture company will implement the CGD Network and supply piped natural gas to the domestic, commercial and industrial customers and CNG (Compressed Natural Gas) to the vehicles in Kamrup, Kamrup (Metro), Cachar, Hailakandi and Karimganj districts.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
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