Mahanagar Gas legally challenges infrastructure exclusivity expiry notice
City-gas distributor (CGD) Mahanagar Gas has legally challenged a regulatory notice about the expiry of the company’s infrastructure exclusivity in Mumbai, the company said. However, Mahanagar Gas (MGL) and the country’s petroleum and natural-gas regulator are aiming to settle the matter amicably.
Mahanagar Gas also looks to apply for a 10-year extension to continue its infrastructure exclusivity.
In a public notice on March 4, the Petroleum and Natural Gas Regulatory Board (PNGRB) said the infrastructure exclusivity granted to geographical areas in Mumbai and Greater Mumbai has expired. The end of the period for the stated exclusivity was mentioned as April 2021 – a move seen as a first and a surprise by the industry.
