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Gail India Gets PNGRB approval to transfer city gas assets to subsidiaryThe PNGRB has approved Gail India's transfer of six city gas distribution areas. This move paves the way for Gail Gas to proceed with its i...- Centre pushes states to speed up PNG adoption, seeks district-level officers to drive LPG-to-gas transitionThe Petroleum Ministry is urging states to appoint district-level officers for PNG adoption. This move aims to accelerate the transition fr...
- IGL, MGL, Adani Total Gas shares rally up to 6% as govt boosts domestic PNG pushCity gas distributor stocks rallied after the government approved an incentive scheme to accelerate domestic PNG connections from September...
- Government offers cheaper domestic gas to city gas distributors to boost PNG connectionsThe government will provide cheaper domestic gas to distributors. This incentivizes converting inactive piped natural gas meters into worki...
- Govt brings incentive scheme to accelerate household piped gas connectionsA new government incentive scheme aims to accelerate piped natural gas connections. Eligible companies will receive cheaper gas for new hou...
- India targets 10-fold clean fuel output jump in next 5-10 years to curb importsIndia aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncert...
- PNGRB plans to open city gas for external investorsThe PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...
- MGL to expand into CBG, LNG & EV segmentsLast month, MGL acquired 100 percent shareholding of Unison Enviro Pvt. Ltd. (UEPL) for ₹531 crore to enter new geographical areas for purs...
- Assam: Assam City Gas Distribution Policy 2022 approvedThe policy stipulated utility corridors to be set up for pipelines during master planning of urban areas and land bank for CNG stations.
- AG&P Pratham plans Rs 9,000-crore city gas pushThe investments would be towards expanding city gas distribution (CGD) infrastructure and setting up new compressed natural gas (CNG) stati...
- MEIL bags 15 city gas distribution projects in 9 states"In response, MEIL had bid for 43 GAs. MEIL has emerged as the successful bidder for the highest number of geographical areas (GA) across I...
- India invites bids to set up gas sales networkIndia, the world's third biggest emitter of greenhouse gases, has set a 2070 goal for net zero carbon emissions. Prime Minister Narendra Mo...
- Rs 80,000 cr investment as 430 bids pour in for city gas licensing roundBids for the 65 GAs offered in the 11th city gas licensing round came in on December 15, Petroleum and Natural Gas Regulatory Board (PNGRB)...
- Will these 3 gas distribution stocks crumble under competition and open access?The proposed regulations do not allow existing CNG outlets of state-run oil marketing companies (OMCs) in CGD areas to sell the fuel throug...
- L&T Infrastructure Finance to provide Rs 518 crore loan to AG&P for city gas projectsAG&P is the largest foreign player in the city gas distribution business after it won licenses to retail compressed natural gas to automobi...
- Adani walks away with gas rights for 21 cities; BPCL bags 11 citiesAccording to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Sa...
- Gujarat to become 1st state with 100% piped gas networkGujarat has also decided to offer a subsidy to households belonging to weaker economic sections of society to avail cooking gas through CGD...
- 31.62 lakh households connected with piped natural gas: GovernmentBesides 29,993 industrial and commercial units are also currently given piped natural gas across the country, said Nirmala Sitharaman.
- Gujarat Gas get PNGRB approval for gas network in Thane; stock surges 15%It got an authorisation from PNGRB to lay, build, operate, or expand city or natural gas distribution network for the geographical area of ...
- Soaring prices to hit bottomlines of city gas cos: ICRASoaring prices of gas and increasing competition will eat into the profits of companies involved in the gas distribution business in cities.
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