Bengaluru, Mar 25 (PTI) GAIL Gas Limited, and Confidence Petroleum India Limited (CPIL) on Thursday signed an agreement for setting up 100 CNG Stations in Bengaluru.

CPIL will set up and operate 100 CNG stations & associated facilities of GAIL Gas Limited here, a joint statement said.

The dealership agreement is for setting up 100 CNG stations in the next three years.

The new CNG stations will be located in core areas of city or at CPILs auto LPG retail outlet sites.

The present price of CNG in Bengaluru is Rs 51.50 per kg, the statement said.

GAIL Gas currently has 55 CNG stations here.

Addition of another 100 CNG stations through this agreement will develop a "strong and convenient" network of availability of CNG in Bengaluru Urban and Rural districts and CNG sale is expected to increase considerably, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)