Pointing to this possibility, Petroleum and Natural Gas Regulatory Board (PNGRB) chairman Anil Kumar Jain told Mint that the regulator would soon roll out new rules to allow for multiple natural gas operators to compete in various markets, especially those where infrastructure and marketing exclusivity for single companies is ending.
“However, it will be ensured that existing companies do not face any impact, such as new companies taking away attractive locations (with greater demand and footfalls), and that the new companies are ready to cater to remote and underserved areas," Jain said, adding that the market would be opened up through an open and fair process.
Infrastructure exclusivity refers to the exclusive right to not only use current pipelines and related infrastructure, but also the right to set up new infrastructure in the designated areas, while marketing exclusivity refers to the right to solely market and sell CNG and PNG in allocated areas. Exclusivity periods vary across licences. The maximum period for infrastructure exclusivity is 25 years and that for marketing eight years.
Bu hikaye Mint Mumbai dergisinin November 20, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 20, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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