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BusinessHyderabad-based MEIL bags most number of bids in CGD project

Hyderabad-based MEIL bags most number of bids in CGD project

Published: 14th Jan 2022 8:13 pm

Hyderabad: Hyderabad-based diversified engineering firm Megha Engineering and Infrastructures Ltd (MEIL) has emerged as the successful bidder for the highest number of geographical areas (GAs) across India in the 11th round of city gas distribution (CGD) project.

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The company won the bids for 15 GAs out of 61, accounting for 24.6 per cent of the GAs that went for bidding.

The Petroleum and Natural Gas Regulatory Board (PNGRB) had called for bidding of CGD project for 65 Geographical Areas (GA) across India.

In response, the MEIL bade for 43 GAs. Of the 65 GAs opened up for bidding, nobody has offered tenders for four GAs, thus bringing down the number of GAs bid to 61.

Each successful bidder who is awarded the works, will have to construct city gate stations or mother stations, lay the main pipeline and distribution pipelines, and install CNG stations.

The CGD aims at promoting green fuel (Natural Gas) such as Piped Natural Gas (PNG) for households and industries (for domestic or industrial consumption), and also Compressed Natural Gas (CNG) used as fuel for vehicles and automobile industry.

MEIL was previously awarded three GAs under 10th round, which included Nalgonda, Warangal, Ranga Reddy, and Khammam (Telangana), the districts of Tumkur and Belgaum (Karnataka), and Krishna (Andhra Pradesh).

So far, 32 CNG stations became operational in three States under the brand- Megha Gas. MEIL had participated in previous bidding rounds-5 &10.

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