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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code