BPCL board approves investment worth Rs 353.55 billion for operating 8 CGD projects

Bharat Petroleum Corporation Limited’s (BPCL) board has appro­v­ed the fi­nancial plan and capital expenditure for laying the piped gas network, and building and operating eight CGD projects. The plan will entail an estimated investment of Rs 353.55 billion. The company is authorised to undertake the projects under the Petroleum and Natural Gas Regulatory Board CGD Bid Round 11 and 11A in a phased manner.