OIL & GAS

PNGRB seeks bids for city gas licence for 65 areas

Oil regulator PNGRB on Friday invited bids for giving out city gas retailing licence in 65 geographical areas (GAs) including Jammu, Nagpur, Pathankot and Madurai. Bids for the 65 GAs being offered in the 11th city gas licensing round are due on December 15, Petroleum and Natural Gas Regulatory Board (PNGRB) said in a statement.

Presently, there are 228 geographical areas authorised by PNGRB in 27 states and UTs covering approximately 53 per cent of the country’s geographical area and 70 per cent of its population.

In the last city gas distribution (CGD) bidding round – the 10th CGD bidding round, 50 GAs were authorised for the development of CGD network. In the present round, 203 districts clubbed into 65 GAs are being offered.

“The PNGRB invites electronic bids from interested parties for the development of city gas distribution network in the 65 GAs,” the statement said.

During 2018 and 2019, PNGRB gave out licences to retail CNG to automobiles and piped cooking gas to household kitchens in 136 GAs. This extended coverage of the city gas network to 406 districts and around 70 per cent of the country’s population.

The push for city gas expansion is part of the government’s plan for raising the share of natural gas in the country’s energy basket to 15 per cent by 2030 from the current 6.3 per cent.

Source
ET Energy World
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