Megha pips Adani, lands gas licenses for 15 regions across India | Hyderabad News

HYDERABAD: Megha Engineering and Infrastructures Ltd (MEIL), a Hyderabad-based infrastructure company, won the most licenses across India for city gas distribution in the latest tender. Megha also edged out Adani Total Gas.
The MEIL would have won calls for tenders for 15 geographical areas (GAs), representing almost a quarter (24.6%) of the total number of GAs passed under the hammer.

Adani Total Gas, on the other hand, reportedly made winning bids for 14 GAs which account for 23% of the total GAs in the 11th round of City Gas Distribution (CDG) tenders.
Sources pointed out that while the preliminary winners were chosen based on the open bids, an official announcement is expected to be made in the coming days after the documents are verified.
The Petroleum and Natural Gas Regulatory Board (PNGRB) had issued a tender for 65 GAs across the country in the last round, but only received bids for 61.
Successful bidders will set up mother stations, lay the main gas pipeline and piped natural gas (PNG) distribution lines for households and industries in addition to installing compressed natural gas (CNG) stations for automobiles in the GA they will have bagged.
MEIL, which offers gas distribution services under Megha Gas, has bagged GAs in nine states including Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab, Rajasthan and Odisha out of the 43 GAs for which he had tendered.
Under a GA, MEIL made the winning bid for Jogulamba Gadwal, Nagarkurnool, Mahabubnagar, Narayanpet and Wanarparthy districts in Telangana with Yadgir in Karnataka in addition to a separate GA for Chikkaballapur district in Karnataka.
He also landed four GAs in Tamil Nadu, four in Madhya Pradesh including one GA which includes Jhalawar district in Rajasthan, two in Uttar Pradesh and one each in Maharashtra, Odisha and Punjab.

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