Kolkata: The state Cabinet on Wednesday okayed the decision to float a joint-venture company for the supply of piped cooking gas to the households and businesses in Kolkata.
The joint-venture is proposed between the state government owned Greater Calcutta Gas Supply Corporation (GCGSC) and the Centre-owned GAIL. The latter is already into the supply of piped gas in Turkey and three cities of China.
“Chief Minister Mamata Banerjee wants the state to have an alternative gas supply system that will be environment friendly, user friendly, and consumer friendly. The Cabinet has thus recommended that a joint venture be signed between GCGSC and GAIL,” industries minister Amit Mitra told reporters at state secretariat Nabanna after a Cabinet meeting today.
According to Mitra, in the proposed JV, GCGSC will have 26 per cent stake, while GAIL will have 74 per cent. This will enable the state government to put forward its views and suggestions at the annual general meeting of the JV. Once the JV agreement is inked, it would pave the way for identifying the localities in Kolkata where cooking gas would be supplied through pipeline.
Once the pipeline gas supply system is introduced, people in the city would no longer have to wait for LPG cylinder delivery. Rather, cooking gas would flow down 24X7 at the turn of a tap, similar to drinking water or electricity. Most parts of Delhi and its adjoining areas already have such a system in place for several years now.