Current Affairs - Business - Discussion

Assam Gas Company Limited (AGCL), Oil India Limited (OIL) and GAIL Gas Limited (GGL) signed an agreement for setting up of a new company for implementation of the City Gas Distribution (CGD) network in five districts namely Kamrup, Kamrup, Cachar, Hailakandi and Karimganj of Assam.The joint venture is the result of the extension of the National Gas Grid Pipeline (Urja Ganga Project) which was initially planned for an extension from Jagadishpur in Western Uttar Pradesh, to Haldia in West Bengal, was consented to be extended to Guwahati in Assam by the Government of India.