{"id":282826,"date":"2019-07-17T07:02:42","date_gmt":"2019-07-17T07:02:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282826"},"modified":"2019-07-17T07:02:42","modified_gmt":"2019-07-17T07:02:42","slug":"government-to-launch-rules-to-end-gas-distributors-monopoly-in-34-areas-including-new-delhi-and-mumbai","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-to-launch-rules-to-end-gas-distributors-monopoly-in-34-areas-including-new-delhi-and-mumbai\/","title":{"rendered":"Government to launch rules to end gas distributors\u2019 monopoly in 34 areas, including New Delhi and Mumbai"},"content":{"rendered":"<p>The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing consumers to choose a new supplier, a senior regulatory official said. In 2009, India\u2019s Petroleum and Natural Gas Regulatory Board (PNGRB) gave exclusive gas marketing rights, initially for five years, to companies who had established gas distribution networks in cities across the country as a way to recover their costs along with exclusive rights to use the networks for 25 years.<\/p>\n<p>However, the regulator will open the marketing business to competition, said Satpal Garg, a PNGRB board member who is in control of its commercial and monitoring responsibilities. \u201cThese companies have more than recovered their costs as indicated by their profitability and market cap,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing consumers to choose a new supplier, a senior regulatory official said. In 2009, India\u2019s Petroleum and Natural Gas Regulatory Board (PNGRB) gave exclusive gas marketing rights, initially for five years, to companies who had established gas distribution networks in cities across the country as a way to recover their costs along with exclusive rights to use the networks for 25 years. However, the regulator will open the marketing [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-282826","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282826"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282826\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}