India is currently the third largest energy consumer globally. With a rapidly rising population, the country is likely to become one of the largest contributors to energy […]
The oil and gas sector plays a predominant role in the energy mix. Notwithstanding the Covid pandemic, India’s energy sector, including the oil and gas sector, has bounced back. Energy demand has almost recovered to […]
India’s natural gas consumption is expected to increase from 55 billion cubic metres (bcm) in 2016-17 to about 70 bcm by 2022 and 100-110 bcm by 2030. In order to meet this demand, several gas […]
India has city gas distribution (CGD) networks in 91 geographical areas (GAs) operated by 36 firms. With 16,500 km of pipelines in operation, around 4.2 million domestic consumers and over 33,000 industrial and commercial consumers, […]
The city gas distribution (CGD) segment has witnessed mixed progress in the past few years. The network has continued to grow and fresh licences have been issued at a much faster pace. However, despite several […]
The Petroleum and Natural Gas Regulatory Board (PNGRB), which came into existence in 2007, was empowered to authorise natural gas pipelines and city gas distribution (CGD) networks under Section 16 of the PNGRB Act in […]
In its Vision 2030 document, the Petroleum and Natural Gas Regulatory Board (PNGRB) has set a target of increasing the share of natural gas in the country’s energy mix, from the present 6 per cent […]
Plummeting crude oil prices over the past year have been a big positive for the import-reliant Indian economy. The scenario not only softened oil and gas import bills for the country, but also provided a […]
The city gas distribution (CGD) segment has shown mixed progress in the past few years. […]
Ravichandran, Senior Vice-President and Co-Head, Corporate Ratings, ICRA […]
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