April 5, 2018

Bid norms changed for CNG and PNG retail license by PNGRB

The oil regulator, Petroleum and Natural Gas Regulatory Board (PNGRB), has fundamentally changed the bidding parameters for procuring a license to retail CNG and piped cooking gas in cities. According to the new regulations, future auctions would be conducted by asking companies to quote the number of CNG stations to be established and number of domestic cooking gas connections to be given in the first eight years of operation.

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