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Adani Gas ltd in a joint venture to invest Rs. 3000 cr in Assam project

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Guwahati: Adani Total Gas Limited, a collaboration between Gautam Adani’s gas division and Total of France, will sell piped cooking gas in sixteen Assam districts.

The corporation has secured the rights in 14 of the country’s 52 geographical areas (GAS), with three regions containing sixteen districts – Nagaon, Morigaon, Hojai, Karbi Anglong, and West Karbi Anglong. Assam includes Dima Hasao, Kokra Jhar, Dhubri, South Salmara, Goalpara, Baksa, Barpeta, Bongaigaon, Chirang, Nalbari, and Bajali.

According to sources, the business intends to invest over Rs 3,000 crore in the Assam project. “Over 12 lakh houses will be provided with piped gas in these areas, and we expect the project would employ around 20,000 youth,” the sources added.

Over the previous several days, a business team led by CEO Suresh P Manglani and project head RB Singh visited Assam to assess the situation. “They went to places like Bongaigaon and Kokrajhar. They met with Industry Minister Chandra Mohan Patowary last evening, and today they met with Chief Minister Himanta Biswa Sarma, according to the sources.

They were joined by Adani’s Guwahati airport manager, Utpal Baruah.

While no preliminary start date for the project has been set, the business assured Assam government representatives that they wanted to start the project as soon as feasible. The corporation has also expressed an interest in investing in CNG and environmentally friendly projects.

Indradhanush Gas Grid Limited (IGGL), a joint venture of NRL, Indian Oil Corporation (IOCL), Oil & Natural Gas Corporation (ONGC), Gas Authority of India Limited (GAIL), and Oil India Limited (OIL), is constructing a natural gas pipeline from Guwahati to Numaligarh as part of its flagship project to connect India’s northeastern region to the National Gas Grid.

Natural gas pipes built by IGGL would connect Guwahati to major Northeast towns like Itanagar, Dimapur, Kohima, Imphal, Aizawl, Agartala, Shillong, Silchar, Gangtok, and Numaligarh.

Adani Total won three gas contracts in Assam and Chhattisgarh, four in Maharashtra, one in Jharkhand and Odisha, and two in Madhya Pradesh in the auction earlier this year.

Adani Total won three gas contracts in Assam and Chhattisgarh, four in Maharashtra, one in Jharkhand and Odisha, and two in Madhya Pradesh in bidding earlier this year.

Purba Bharati Gas Private Limited, a joint venture of Assam Gas Company, OIL, and GAIL, is carrying out the piped gas project in five districts of Assam, including Kamrup Metro, while an Assam Gas Company consortium will carry out the project in six north bank districts of the State.

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