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IOC to invest Rs 5,463 cr in city gas network in 7 districts

Thursday, October 11, 2018, 6:49 PM

State-owned Indian Oil Corp (IOC) Thursday said it will invest Rs.5,463 crore in setting up city gas distribution network for retailing CNG to automobiles and piped cooking gas to households in seven districts. IOC had in the recently concluded 9th bid round for city gas licences won permits for seven cities on its own and another nine in a joint venture with Adani Gas.

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