Business Standard

Competition status quo to stay amid PNGRB notice: Industry experts

Petroleum and Natural Gas Regulatory Board (PNGRB) in a public notice said the infrastructure exclusivity granted to geographical areas in Mumbai and Greater Mumbai have expired

gas pipeline
Premium

Amritha PillaySubhayan Chakraborty Mumbai & New Delhi
India’s natural gas regulator surprised the industry earlier this month with an expiry notice of infrastructure exclusivity for some city gas markets. Although an unexpected move, industry experts and executives do not expect it to upset the current competition status quo.

On March 4, the Petroleum and Natural Gas Regulatory Board (PNGRB) issued a public notice stating that the infrastructure exclusivity granted to geographical areas (GA) in Mumbai and Greater Mumbai has expired.
 
The end of the period for the stated exclusivity was mentioned as April 2021.
 
“Marketing exclusivity for city-gas distribution (CGD) was already under litigation. However, the March notice

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in