NEW DELHI : Oil sector regulator PNGRB has given up to eight-and-a-half months of extra time to companies such as Indian Oil Corporation (IOC), GAIL and Adani Gas to fulfil their city gas project rollout commitments that had been impacted by COVID-19 lockdowns.
On November 5, the Petroleum and Natural Gas Regulatory Board (PNGRB) issued an order granting more time to 41 city gas entities to complete their rollout commitment.
The time granted varies from 129 days to 251 days across different geographical areas depending on the duration of the COVID-19 lockdown, the order said.
The extra time is to make up for 69 days of the national lockdown imposed to curb the spread of the pandemic and additional restrictions imposed in states. A 60-day restoration period is given on top of the lockdown period.
