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PNGRB proposes uniform insurance coverage for PNG and CNG consumers
The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed a uniform insurance policy for piped natural gas (PNG) and compressed natural gas (CNG) consumers, comparable to the insurance coverage provided to LPG users. This proposal was discussed during an open house meeting held on December 20, 2024, with participation from eight city gas distribution (CGD) entities and other stakeholders.
e PNGRB emphasized the growing need for safety and risk coverage as PNG usage expands across India. With over 10 million PNG connections and more than 5,000 CNG stations as of November 2024, the sector is experiencing significant growth. “With the rapid shift of LPG consumers to PNG due to growing infrastructure, it is essential that PNG consumers receive similar insurance benefits,” said Lt Col Kumar Abhishek, Director (CP & CGD), PNGRB.
Currently, insurance coverage in the CGD sector varies among entities. HPCL highlighted its existing public liability insurance for employees at CNG stations, supplemented by contractors’ policies. AG&P Pratham outlined a comprehensive general insurance framework covering risks such as gas leaks and equipment failures, while Indian Oil Adani Gas Pvt. Ltd. stated that it maintains an insurance cover of ₹200 milion under Public Liability (PL) and Commercial General Liability (CGL) policies. Adani Total Gas Ltd. reported a premium of ₹250 million for its PL and CGL policies, noting the need for a collaborative approach to reduce costs and extend coverage.
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