A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.
Tag: City Gas Distribution
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IOC to lay pipeline for city gas distribution
Indian Oil Corporation (IOC) would lay pipeline from Rajpura in Punjab to Chandigarh to transport cooking gas to city homes. Besides Chandigarh, the pipeline would also be laid across Ambala in Haryana and the piped gas line will cater to Mohali, Panchkula, Baddi, Parwanoo and Nalagarh. The administration will facilitate in execution of the plan to ensure that general public does not face inconvenience during its
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PNGRB to open bids for CGD project
Petroleum and Natural Gas Regulatory Board (PNGRB) would soon open the technical bids submitted by oil and gas firms for launching city gas distribution (CGD) business in key cities. After clearing the technical bids, the downstream regulator would open financial bids for the third round of auct
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Gujarat Gas vulnerable to tariff control by PNGRB
Gujarat Gas received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for the city gas distribution areas of Surat, Bharuch and Ankleshwar. The company filed tariff application with PNGRB for its transmission pipeline. However, owing to high ROE (return on equity) of over 30 percent, the company is vulnerable to tariff reduction from PNGRB, as was ordered for Indraprastha Gas. This is an operational performance risk, poin
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Kerala govt urges centre to introduce CGD in Kochi
Kerala Chief Minister Oommen Chandy asked the union petroleum ministry to fast-track the implementation of the City Gas Distribution (CGD) project in Kochi. Recently, Chandy asked the union oil Minister Veerapa Moily to take proactive steps to realise the CGD project. In the letter, Chandy ensured his government’s “support including single window clearance for the realis
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Kerala govt wants centre to introduce CGD in Kochi
Kerala Chief Minister Oommen Chandy asked the union petroleum ministry to fast-track the implementation of the City Gas Distribution (CGD) project in Kochi. Recently, Chandy asked the union oil Minister Veerapa Moily to take proactive steps to realise the CGD project. In the letter, Chandy ensured his government’s “support including single window clearance for the realisation of the projec
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Rajasthan govt studies proposed CGD venture
Rajasthan government is evaluating the proposal of Cairn India to partner with Rajasthan State Petroleum Corporation (RSPCL) and Gail to launch city gas distribution service in the state, reports indicate. The state government may take a final decision by this month-end, according to some media reports. The company could be a good fit as the original contours of the J
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Rajasthan govt studies proposed CGD venture
Rajasthan government is evaluating the proposal of Cairn India to partner with Rajasthan State Petroleum Corporation (RSPCL) and Gail to launch city gas distribution service in the state, reports indicate. The state government may take a final decision by this month-end, according to some media reports. The company could be a good fit as the original contours of the J
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Govt lays 12,650 km gas pipeline
The Minister of Petroleum & Natural Gas M Veerappa Moily informed the Lok Sabha recently that for transporting natural gas across the length and breadth of the country, a cross-country pipeline network is being laid throughout the country. Presently, there are around 11,500 km of natural gas pipelines across the country and another 12,650 km of pipeline infrastructure is under various stages of imple
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CGD segment in limbo
The government introduced the Petroleum and Natural Gas Regulatory Board to regulate and develop the City Gas Distribution business in India. However, the sector is still facing many challenges on its way,
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