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    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    | Meghna Ghodawa-
PHOTO CREDIT-

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    PHOTO CREDIT:The Jamaica Tourist Board (JTB)

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    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

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  • Entertainment
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    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
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    • Travel
    Herbalife Logo

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

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AG&P PRATHAM SIGNS MOU WITH GOVERNMENT OF KARNATAKA TO DEVELOP CITY GAS DISTRIBUTION NETWORK IN THE STATE

FWM by FWM
November 3, 2022
in Business
0

  • The company to invest INR 8,000 crores over the next 8 years to develop natural gas distribution infrastructure for providing green and affordable fuel in Karnataka
  • Investment to generate 5,000 local employment opportunities

BENGALURU, India, Nov. 2, 2022 / — AG&P Pratham, a leading player in the Indian City Gas Distribution (CGD) industry and the Government of Karnataka signed a Memorandum of Understanding (MoU) for the development of City Gas Distribution (CGD) networks to supply reliable, economical, and environment-friendly natural gas across fifteen districts of Karnataka. The MoU was signed during the Global Investors Meet 2022 being held in Bangalore from 2nd to 4th November 2022.

Under the MoU, AG&P Pratham will invest INR 8,000 crores over the next eight years to build CGD networks in districts of Kolar, Mysuru, Mandya, Chamrajnagar, Hassan, Chikkamagaluru, Kodagu, Bagalkot, Koppal, Raichur, Kalaburagi, Vijayapura, Shivamogga, Uttara Kannada and Haveri. The area being developed by AG&P accounts for more than 55% of the state’s geographical area and 42% of its population. Over the next 8 years, AG&P plans to build ~ 1000 km of steel pipelines, and ~5000 km of MDPE pipelines to bring natural gas to 5 million households and several industries & commercial establishments. It also plans to set up ~600 Compressed Natural Gas (CNG) stations and Liquified Natural Gas stations to service the transport sector.

The Government of Karnataka is committed to providing support to enable the development of the much-awaited CGD infrastructure, which will deliver uninterrupted supply of Piped Natural Gas to households, commercial and industrial customers, and CNG/LNG stations.

To date, AG&P Pratham has launched 60 CNG/LNG stations in the state, while several such stations are at various stages of development. The Company has also developed ~200 kms of steel pipeline and has started providing household connections and industrial connections in Mysuru city.

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Commenting on the occasion, Mr Abhilesh Gupta, Managing Director & CEO, AG&P Pratham said, “We are honoured to further strengthen our association with the Government of Karnataka to promote clean energy options across the State. This MoU is a testament to our consistent efforts in aligning with the Government’s vision to catapult industrial growth, providing clean and green fuel to the public at large and generating employment.”

With AG&P Pratham’s constant endeavour to create an environment-friendly ecosystem, they are promoting the use of CNG which has several merits over traditional fuels like diesel and petrol. CNG has the strongest safety record and compelling economic benefits to vehicle owners. Natural Gas helps reduce air pollution caused by vehicles and industries and helps the country move towards responsible growth and energy sufficiency.

Tags: BagalkotChamrajnagarChikkamagaluruHassanKalaburagiKodaguKolarKoppalMandyaMysuruRaichurShivamoggaUttara Kannada and Haveri.Vijayapura
FWM

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