(The Pioneer)
Petroleum and Natural Gas Regulatory Board (PNGRB) organised a road-show for promoting 10th City Gas Distribution (CGD) bidding round at JehanNuma Palace Hotel, Bhopal on. PNGRB is the nodal agency for facilitating economic activities in natural gas distribution with the objective to promote competitive markets, create infrastructure and increase share of natural gas in country’s energy mix PNGRB has successfully concluded 9 CGD Bidding Rounds for selection of authorised entities for development of CGD networks in their Geographical Areas (GAs).
The recently concluded 9th bidding round for 86 GAs covering 174 districts in 21 states/ UTs was a huge success attracting interest from investors in all offered Gas. The 10th CGD Bidding Round offering 50 GAs was launched by Prime Minister Narendra Modi on November 22, 2018 at VigyanBhawan, New Delhi. This roadshow is part of a series of roadshows being planned across India by PNGRB and witnessed participation from the senior Government officials, oil and gas companies, trade associations and industry.
Manu Srivastava, Principal Secretary, New and Renewable Energy Department, MD, MP Urja Vikas Nigam Limited, was the Chief Guest. Interestingly, Srivastava had a very remarkable stint with the Ministry of Petroleum and Natural Gas, Government of India. In his tenure, he dealt with natural gas activities such as pricing, allocations, distribution, transportation, City Gas Distribution projects and LNG.
