Monopoly in city gas sales to end

The Centre is planning to open up the city gas distribution business to competition, which will end the monopoly of Mahanagar Gas Ltd in Mumbai and Indraprastha Gas Ltd in Delhi as consumers get to pick the operators of their choice.

Sources said the Petroleum and Natural Gas Regulatory Board (PNGRB) could notify the regulations before the end of this month.

The regulator has already sought the views of the existing distributors on the tariff a new entrant would pay to use their network and infrastructure.

Officials said the city gas distribution entities were given marketing exclusivity for a certain period.