Torrent to invest in TN city gas distribution infra
OIL & GAS

Torrent to invest in TN city gas distribution infra

Gujarat-based city gas distribution company Torrent has signed an agreement with the Tamil Nadu government in a commitment to invest Rs 5,000 crore for city gas distribution development in the state.

Earlier, Torrent Gas was authorised by Petroleum and Natural Gas Regulatory Board (PNGRB) to offer compressed natural gas (CNG) as well as Piped Natural Gas (PNG) in Chennai and Thiruvallur districts.

This investment for the development of CGD infrastructure will have an impact on the socio-economic development of the region. It will help in attracting new investment in the state that requires the availability of natural gas as a prerequisite. Thus, it will improve the competitiveness of existing industries that use natural gas and increase savings for small businesses and families that depend on CNG and natural gas. Jinal Mehta, the director of Torrent Gas, mentioned it would provide both direct and indirect employment to over 5,000 people.

Additionally, Torrent Gas would be laying pipelines and taking care of other requisite infrastructure over an area of 3,569 sq km. It will help in offering PNG connection to homes, industries and commercial establishments. CNG will also be helpful for vehicles. In the company’s first phase of infrastructure development, it aims to commission over 30 CNG stations in the last quarter.

Torrent Gas commissioned its first CNG station situated in Nagapattinam, Tamil Nadu. It has started the work of laying the pipelines. Mehta added that the company is looking to offer its Initial Public Offering(IPO) by 2023-24.

Image Source

Gujarat-based city gas distribution company Torrent has signed an agreement with the Tamil Nadu government in a commitment to invest Rs 5,000 crore for city gas distribution development in the state. Earlier, Torrent Gas was authorised by Petroleum and Natural Gas Regulatory Board (PNGRB) to offer compressed natural gas (CNG) as well as Piped Natural Gas (PNG) in Chennai and Thiruvallur districts. This investment for the development of CGD infrastructure will have an impact on the socio-economic development of the region. It will help in attracting new investment in the state that requires the availability of natural gas as a prerequisite. Thus, it will improve the competitiveness of existing industries that use natural gas and increase savings for small businesses and families that depend on CNG and natural gas. Jinal Mehta, the director of Torrent Gas, mentioned it would provide both direct and indirect employment to over 5,000 people. Additionally, Torrent Gas would be laying pipelines and taking care of other requisite infrastructure over an area of 3,569 sq km. It will help in offering PNG connection to homes, industries and commercial establishments. CNG will also be helpful for vehicles. In the company’s first phase of infrastructure development, it aims to commission over 30 CNG stations in the last quarter. Torrent Gas commissioned its first CNG station situated in Nagapattinam, Tamil Nadu. It has started the work of laying the pipelines. Mehta added that the company is looking to offer its Initial Public Offering(IPO) by 2023-24. Image Source

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?