After “one paisa” bids spoilt the initial auction rounds, oil regulator PNGRB has proposed to radically change the bidding parameters for obtaining a licence to retail CNG and piped cooking gas in cities.
Oil regulator PNGRB will this month offer for bidding CNG retailing licences in 100 cities on revised terms, Petroleum Minister Dharmendra Pradhan said today.
The Appointments Committee of the Cabinet has approved the appointment of Oil and Natural Gas Corporation’s former Chairman, D K Sarraf, as the new Chairman of the Petroleum and Natural Gas Regulatory Board.
Downstream oil and gas sector regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has called public consultations on a landmark proposal by gas transmission utility GAIL(India) to allow unified or pooled tariff for seven of its inter-connected cross-country pipelines.
Bharat Petroleum Corp (BPCL), India’s second largest fuel retailer, informed Bombay Stock Exchange (BSE) its board has approved the draft scheme for amalgamation of Petronet CCK Limited (PCCKL), a wholly owned subsidiary for integrated operations and better control.
The results for the eighth round of city gas distribution bidding for Karnal, Kurukshetra, Ambala and South Goa were disclosed during the week. Organized development of network through bids and government’s initiatives to promote cleaner fuels has facilitated rapid expansion of city gas distribution in Indian cities in the last decade.
The government may extend City Gas Distribution (CGD) infrastructure to eleven states by 2022, data presented by oil minister Dharmendra Pradhan in Parliament today showed.
The draft energy policy of the government has proposed enlarging the regulatory ambit of Petroleum and Natural Gas Regulatory Board (PNGRB).
Hindustan Petroleum Corporation’s plan for a cross country pipeline to move LPG received on the west coast to bottling plants over 600 km away in the hinterland has hit a roadblock with GAIL (India) raising objections to the project.
Petroleum and Natural Gas Regulatory Board becomes dysfunctional due to lack of replacements for retiring members
Lack of replacements for the retiring members in the past one and a half years has left Petroleum and Natural Gas Regulatory Board