Page 3 - City Gas Distribution

Higher volumes, margins to fuel growth for gas-distribution firms

The Street's confidence on city gas distributors (CGD) remains high, considering the firm demand for gas, rising volumes, and future growth potential

Green shoots: City gas infrastructure will drive capex, credit demand

The last of a three-part series on credit pick-up looks at how the push for city gas is creating demand for development of overall gas infrastructure

City Gas distributors' stocks gain 6-8%, fundamentals remain healthy

While strong demand is driving volumes, low natural gas prices bode well for profitability

Rs 1.2 trillion investment planned for city gas network expansion: Pradhan

Household kitchens getting piped cooking gas has doubled to nearly 52 lakh and licences awarded would take the number to 5 crore by 2030, he said

Shell exits city gas business in India, sells MGL stake in open market

When MGL was listed in July 2016, Shell and GAIL held 32.5 per cent stake each in the company

Gas connectivity: Poised for take-off

City Gas Distribution now complements the massive utilities delivery networking infrastructure sweeping across India

Road map for wider city gas distribution

The scale of the PNG and CNG network will make India a key destination for all major global suppliers of compressors, dispensers, meters and technology solutions

Clean fuel race: CNG may turn out to be key to India's automobile future

CNG may turn out to be the key to India's automobile future and the dream of increasing the share of natural gas

Govt plans to launch rules to end gas distributors' monopoly in 34 areas

The rules will be ready in three months, and implementation would take another three months as the regulator will first seek feedback from companies and the public

In a volatile oil scenario, city gas distribution firms still a safe bet

Lower LNG prices, strong demand and geographical expansion to drive prospects for these gas companies

Govt mulls tweak in gas distribution norms to benefit small producers

In the current gas allocation policy regime, city gas has the priority in the allocation of cheap domestic gas, followed by the fertiliser sector

Companies plan mega investment in city gas business; 12 LoIs issued

The major players that won new areas include Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL), Gujarat Gas, Atlantic, Gulf & Pacific Company (AG&P) and Gail Gas

Volume growth, earnings prospects for gas distribution firms remain strong

Volume growth being driven by higher demand and an expanding network

Rs 1.1 trillion lined up for city gas distribution over next 10 years

The investment will come in areas allotted during the ninth round of auctions and 50 areas that will be allotted under the 10th round of bidding

Adani, GAIL & Bharat Gas to invest Rs 34 bn in gas distribution in Odisha

These three companies have emerged as the successful bidders in the ninth round of bidding for implementing the project in the state

City gas distribution: A flawed model

The CGD business model is currently based on the supply of cheap domestic gas, which is both inherently flawed and unsustainable

Adani bags 13 of 84 city gas licences; IOC, BPCL, Torrent other big winners

Oil regulator PNGRB said a total of 4,346 CNG stations have been committed to be set up in the 84 Geographical Areas (GAs) in eight years

Adani Group, Indian Oil win big in bidding for city gas distribution

While Adani Gas got 11 areas through joint ventures and six single bids, IOC was successful in grabbing nine geographical areas

Adani, IOC, HPCL, BPCL in fray for city gas licence; govt gets 400 bids

Latest round to bring investment of about Rs 700 billion

Ninth city gas distribution bidding may fetch Rs 700 billion, says report

On offer are 86 geographical areas in 174 districts covering 29 per cent of the population, compared with a cumulative 56 geographical areas awarded in the previous eight rounds in the past 10 years