News Release Details
City gas distribution: 'Regulatory uncertainties need to be sorted out'
New Delhi 01-Sep-2007
What can speed up investments in city gas distribution'(CGD)? A fast-track removal of the many regulatory uncertainties, says a recent survey conducted by Crisil. "The new regulations must facilitate the entry of credible players with demonstrated infrastructure development experience, besides ensuring intrinsic viability of licence area configurations," say Mr Sanjay Sah and Mr Pankaj Wadhwa, both Team Leaders-Fuel Practice in Crisil Infrastructure Advisory. The Eleventh Plan envisages investments to the tune of $2 billion in city gas networks by the year 2012 and it is estimated that various players are targeting around 200 cities/towns. While globally, CGD accounts for 20 per cent of total gas consumption, in India, it is only around 3 percent Hence, there is so much of enthusiasm amongst existing and potential players to invest in gas distribution.
New Delhi 01-Sep-2007
What can speed up investments in city gas distribution'(CGD)? A fast-track removal of the many regulatory uncertainties, says a recent survey conducted by Crisil. "The new regulations must facilitate the entry of credible players with demonstrated infrastructure development experience, besides ensuring intrinsic viability of licence area configurations," say Mr Sanjay Sah and Mr Pankaj Wadhwa, both Team Leaders-Fuel Practice in Crisil Infrastructure Advisory. The Eleventh Plan envisages investments to the tune of $2 billion in city gas networks by the year 2012 and it is estimated that various players are targeting around 200 cities/towns. While globally, CGD accounts for 20 per cent of total gas consumption, in India, it is only around 3 percent Hence, there is so much of enthusiasm amongst existing and potential players to invest in gas distribution.