India is expected to complete its second-largest auction to distribute piped natural gas in urban areas by February-end as the world’s third-biggest oil importer looks to reduce dependence on dirtier fuels to curb emissions and switch to cleaner alternatives.
The Petroleum and Natural Gas Regulatory Board recently opened bids for the tenth round of city gas auction which offers 50 geographical areas covering 124 districts. The board had identified 192 areas in the last 10 years of which bids were awarded for 140 areas. Read More
Latest posts by Bloomberg Quint (see all)
- NHPC Eyes Foreign Funds To Expand Hydel Power Capacity - April 16, 2019
- Climbing Oil Prices Put India’s Benign Inflation Outlook at Risk - April 12, 2019
- GST: Government Plans Relief For Rail Component Makers Saddled With Unused Tax Credit - April 11, 2019