In a major relief to an Ahmedabad-based city gas distribution (CGD) player, the Supreme Court recently upheld Petroleum and Natural Gas Regulatory Board (PNGRB)'s authorisation to Torrent Gas to lay the CGD infrastructure in Chennia and Tiruvallur districts in Tamil Nadu.
The judgment came in the form of dismissal of Adani Gas Limited's (AGL) appeal challenging such authorisation to Torrent Gas.
Following an international competitive bidding process on September 7, 2018, PNGRB had authorised Torrent Gas to lay the CGD infrastructure to provide Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the districts of Chennai and Tiruvallur.
However, Adani Gas challenged