New Delhi: Oil India Limited (OIL) and Bharat Petroleum Corporation Limited (BPCL) signed a Joint Venture Agreement (JVA) at BPCL’s Corporate Office to form a Joint Venture Company (JVC) for establishing a City Gas Distribution network in Arunachal Pradesh. The agreement was signed in the presence of Dr. Ranjit Rath, Chairman & Managing Director, OIL, and Shri Sanjay Khanna, Director (Refineries) with Additional Charge of CMD, BPCL. This company will undertake the City Gas Distribution (CGD) project in Arunachal Pradesh, awarded to the OIL- BPCL consortium during the 12th CGD Bid Round conducted by the Petroleum and Natural Gas Regulatory Board (PNGRB).
The JVC will set up CNG stations and provide PNG connections to domestic, commercial, and industrial users, supporting the Government’s gas-based economy vision. Dr. Rath highlighted OIL’s commitment to clean energy in the region, citing its hydrocarbon legacy and the Kumchai-Kusijan gas pipeline commissioning as key milestones in advancing India’s hydrocarbon vision for the North-East.
Shri Sanjay Khanna, CMD of BPCL, remarked: “This Joint Venture reaffirms BPCL’s commitment to expanding clean energy access across India, with special focus on the North-East. Together with OIL, we will build a strong City Gas Distribution network to serve households, industries, and transport. Arunachal Pradesh holds great potential, and through this initiative we aim to drive sustainable growth, improve quality of life, and support India’s vision of a gas-based economy”.
