In a transformative development, Mumbai's city gas network witnesses the conclusion of MGL's longstanding monopoly, signalling a significant shift in the sector's landscape. The Petroleum and Natural Gas Regulatory Board (PNGRB) orchestrates this change, envisioning a future characterised by increased competition and diversified choices for consumers. The article delves into the implications of this shift and how it aligns with broader efforts to enhance efficiency and consumer options in the city's gas distribution.
Key details, such as the regulatory context and the expected impact on consumers and industry players, are explored. Statements from PNGRB officials shed light on the regulatory perspective, emphasising the board's commitment to fostering a more dynamic and competitive environment. The article aims to capture the essence of this regulatory change and its potential ramifications for Mumbai's gas distribution sector.
