Adani Total Gas Ltd wins 14 licenses to retail CNG

17 Feb 2022 CW Team

Adani Total Gas Limited (ATGL), a joint venture of Gautam Adani's gas unit, won 14 licenses to retail Compressed Natural Gas (CNG) to automobiles and piped cooking gas to households in the most recent city gas bidding round.

Petroleum and Natural Gas Regulatory Board (PNGRB) revealed the results, where ATGL prevailed city gas rights in 14 geographical areas (GAs) out of 52.

Megha Engineering and Infrastructure (MEIL), a large infrastructure company based in Hyderabad, won 13 GAs, whereas Indian Oil Corporation (IOC) won eight GAs.

In the 11th city gas distribution (CGD) licensing round, 65 GAs were presented for bidding. Out of this, bids for 61 GAs came in and results for only 52 GAs were declared.

The rest of the 9 GAs results have been kept back because the model code of conduct is in place in Uttrakhand and Uttar Pradesh for assembly elections.

ATGL is developing City Gas Distribution (CGD) networks to deliver the Piped Natural Gas (PNG) to the Household, Commercial, Industrial, and CNG to the transport sector.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..