Rajasthan Govt. & RSGL sign MoU to develop Natural Gas infrastructure in state
MoU signed in presence of Rajasthan CM and MoS (I/C), P&NG
Rs 2,700 crore to be invested over the next three years
CNG highways to be set up and natural gas supplied to industries
Jaipur, September 9, 2015: In a significant step towards investment of Rs. 2,700 crore over the next three years for developing Natural Gas infrastructure in the state, Rajasthan State Gas Limited (RSGL) and Govt. of Rajasthan today signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Rajasthan Smt Vasundhara Raje, Hon’ble Union Minister of State (Independent Charge) for Petroleum & Natural Gas Shri Dharmendra Pradhan and other senior officials.
The MoU, signed by Dr. Ashok Singhvi, Principal Secretary, Mines & Petroleum, Govt. of Rajasthan and Shri Ravi Agarwal, MD, RSGL also envisages setting up CNG highways and distribution of Natural Gas to various industrial clusters in the state of Rajasthan.
RSGL is a Joint Venture Company of GAIL Gas Ltd. (wholly owned subsidiary of GAIL (India) Ltd.) and Rajasthan State Petroleum Corporation Limited. RSGL has been nominated as a nodal player by the Govt. of Rajasthan for providing clean energy solution to Industry, Domestic, Commercial and Automobile sectors.
RSGL has taken up construction activities for setting up Mega Compression facilities at Neemrana which will pave the way for opening CNG corridor along the NH-8 between Delhi and Jaipur. The Govt. of Rajasthan has chalked out ambitious plan for development of various industrial clusters around Neemrana, Ghilot, Bikaner, Bhilwara, etc.
The Petroleum and Natural Gas Regulatory Board (PNGRB) has granted “No Objection” to GAIL Gas Limited for transfer of CGD right of Kota in favour of RSGL which will open many other business streams to RSGL including setting up CNG highways from Kota to Jaipur, Kota to Baran, Kota to Bhilwara, Kota to Indore, etc.
RSGL is to set up LNG hub at Udaipur for catering to the demand of clean fuel for existing and proposed industries. The project of L-CNG will be set up first time in India.
The company is now set to provide clean energy solutions to the state by optimizing various possible options for eliminating waste in the prospective Smart Cities at Jodhpur, Udaipur, Jaipur and Ajmer by putting up Municipal Waste to Bio Gas to run Eco-friendly vehicle and power plan thus reducing pollution. The Japanese investment at Neemrana and prospective Delhi-Mumbai Industrial Corridor will act as catalyst for meeting the aspiration of Govt. of Rajasthan.
RSGL executed Heads of Agreement with GAIL (India) Ltd. for sourcing of Natural Gas to meet the gas demand in Rajasthan. RSGL also executed MoU with Rajasthan State Industrial Development and Investment Corporation (RIICO) for strategic tie up in promoting clean energy in the state.
The Govt. of Rajasthan is driving industrial growth in the state within a short span of time by attracting investment and creating an atmosphere of ease of doing business.