homebusiness NewsCity gas distribution expansion expected to more than double CNG stations to 10,000

City gas distribution expansion expected to more than double CNG stations to 10,000

Petroleum and Natural Gas Regulatory Board (PNGRB) has opened the 12th city gas distribution (CGD) bid round under which it will offer retailing licenses of 7 geographical areas (GAs) for CNG and PNG.

By CNBC-TV18 Oct 16, 2023 1:06:06 PM IST (Published)

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The Petroleum and Natural Gas Regulatory Board (PNGRB) has opened the 12th bidding round for city gas distribution (CGD). Under this, the oil sector regulator will offer retailing licenses for compressed natural gas (CNG) and piped natural gas (PNG) for seven geographical areas (GAs) -- Arunachal Pradesh, Meghalaya, Manipur, Nagaland, Sikkim, the Union Territory (UT) of Jammu & Kashmir, and Ladakh.
Speaking to CNBC-TV18, Gajendra Singh, a Member of the Petroleum & Natural Gas Regulatory said, the latest round of licensing will cover 92 districts.
At the launch of the bidding on October 12, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said, as a result of these initiatives, the number of CNG stations is expected to grow from 5,900 to 10,000 as per commitments from companies involved in the expansion efforts.