PNGRB Withdraws Common Carrier Status

05 Jun 2024 CW Team

The Petroleum and Natural Gas Regulatory Board (PNGRB) has made a significant regulatory decision affecting the distribution of natural gas across India. On May 27, 2024, the PNGRB announced the withdrawal of public notices that declared 54 City Gas Distribution (CGD) networks as common carriers or contract carriers. This decision, effective immediately, marks a pivotal shift in the operational and regulatory landscape for natural gas distribution in the country.

The affected CGD networks, spread across various geographic areas, encompass both major urban centers and smaller regions. Notable areas impacted include the National Capital Territory of Delhi, Mumbai, Greater Mumbai, Navsari, and Jalandhar. These networks, operated by entities such as Indraprastha Gas Limited, Mahanagar Gas Limited, and others, play a crucial role in delivering natural gas to consumers.

The withdrawal of the common carrier status from these networks will have profound implications for the distribution of natural gas in these areas. It signifies a departure from the regulatory framework established under the PNGRB (Guiding Principles for Declaring City or Local Natural Gas Distribution Networks as Common Carrier or Contract Carrier) Regulations, 2020. This move aligns with ongoing adjustments in national energy policies and market needs, reflecting the evolving dynamics of the natural gas sector in India.

PNGRB's decision underscores its commitment to refining and updating the regulatory environment for natural gas distribution. By adapting to changes in the sector's dynamics and regulatory requirements, the PNGRB aims to ensure efficiency, fairness, and sustainability in the distribution of natural gas across India. This decision marks a strategic step towards enhancing the operational and regulatory framework governing the natural gas industry, paving the way for continued growth and development in the sector.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..