Gujarat Gas gets PNGRB authorization for CGD in Bhavnagar

Bhavnagar, 13 March 2014

Regulatory body Petroleum and Natural Gas Regulatory Board (PNGRB) has granted Gujarat Gas Company Limited (GGCL) an authorization to lay, build, operate or expand city or local natural gas distribution network for Bhavnagar district and few talukas of the newly formed district of Botad to expand its city gas distribution (CGD) network into district in authorized area of 8,153 sq km.

As per the provisions of the PNGRB (Exclusivity for City or Local Natural Gas Distribution Networks) Regulation, 2008, GGCL has been granted 300 months of infrastructure exclusivity i.e. valid up to March 04, 2039 and 60 months of marketing exclusivity valid up to March 04, 2019 for the CGD network.

According to the company’s announcement filed on the Bombay Stock Exchange (BSE), “GGCL has accepted the authorization in Schedule D of the PNGRB (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Regulation, 2008, vide a confirmation letter to PNGRB on March 13, 2014.”