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OIL, Assam Gas Company to form JV for piped natural gas distribution

OIL inked JV Agreement with AGCLonline to form a JV Company with 51% AGCL & 49% OIL’s share, with a mandate to build local  Natural Gas Grids, Setup & run CNG Stations & provide Domestic & Commercial Piped Natural Gas connection in 6 districts each of Assam & Tripura.

The JVA was signed by MD AGCLonline & ED(PLS) OIL in the presence of   CM Assam, Dr Himanta Biswa  ,Dr Ranjit Rath, CMD OIL, Sh Bolin Chetia, Chairman-AGCL, Sh BJ Phukan, MD-NRL & sr officials of GoA, OIL & AGCL.

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