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Piping hot

Piping hot

During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.

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PNGRB extends date for CGD bidding

PNGRB extends date for CGD bidding

PNGRB has once again extended the bid deadline for licences to retail CNG and piped cooking gas in 14 cities, by one month to 11 August. Bid for the latest round of city gas distribution (CGD)

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PNGRB to open bids for CGD project

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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GAIL studies impact of tariff order

GAIL studies impact of tariff order

GAIL India is studying the impact of the recent tariff order by the Petroleum and Natural Gas Regulatory Board (PNGRB) on its financial position. Some reports indicate that the May 10 order of PNGRB may cause Rs 500 crore loss for the company. In its order, the downstream regulator retrospectively reduced the tariff charged by GAIL for its Krishna Goda

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Gujarat Gas vulnerable to tariff control by PNGRB

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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Govt lays 12,650 km gas pipeline

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

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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PNGRB to revive licensing for CGD networks

PNGRB to revive licensing for CGD networks

Petroleum and Natural Gas Regulatory Board (PNGRB) is expected to revive the licensing process for city gas distribution (CGD) system. Since 2009, there was no progress in CGD licensing on account of legal obstacles in the board's functioning.
According to media reports, the downstream oil and gas regu

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PNGRB to revive licensing for CGD networks

PNGRB to revive licensing for CGD networks

Petroleum and Natural Gas Regulatory Board (PNGRB) is expected to revive the licensing process for city gas distribution (CGD) system. Since 2009, there was no progress in CGD licensing on account of legal obstacles in the board's functioning.
According to media reports, the downstream oil and gas regu