• India’s gas regulator invites bids for new round of city gas distribution

    India’s gas transportation regulator Petroleum and Natural Gas Regulatory Board (PNGRB) invites bids for setting up city gas network in 50 areas, said DK Sarraf, regulator chairman. Sarraf said on Wednesday that PNGRB aims to award contracts for the new round by end of February 2019. The 50 areas up for bids will cover 24 percent of population, while the previous round of city gas bids covered 26 percent of population.

    This was the tenth round of city gas bids, and along with other previous rounds, it would cover 14 of the 15 most populated cities of India, he said. India has a target to raise the share of natural gas in the overall energy basket to 15 percent by 2030 from 6.5 percent. PNGRB is targeting to provide connection to all households in the area within 8 years of the contract win – Sarraf.

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