Gas retailing bids: RIL-BP JV abstains, IGL seeks licence for 13 cities

Gas licence: IGL bids for 13 cities, RIL abstains

The Reliance-BP joint venture on Tuesday came close to bidding for licences to retail gas in 15 cities but did not place a firm bid, while Indraprastha Gas Ltd. put in bids for 13 cities, sources said. Bidding for the biggest city-gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 22 States and union territories, closed on Tuesday. Essel Infraprojects Ltd. has put in a total of seven bids.PTI

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