City gas distribution dolat report

It is also spreading out to new sites for CNG stations. While all reasonable care has been taken to ensure that the facts stated are accurate and the opinion given are fair and reasonable, we do not take any responsibility for inaccuracy or omission of any information and will not be liable for any loss or damage of any kind suffered by use of or reliance placed upon this information.

IGL has doubled its gross block in two years FY The regulatory compulsion of public transport being on CNG envisages long-term demand sustainability.

To counter the constant increase in blended gas cost, IGL has been raising selling prices across segments to maintain absolute gross spreads.

City Gas Distribution Dolat Report

Our view is further corroborated from the following aspects of the sector: The decline in the KG D6 gas production has been a dampener for the country. The remaining is RLNG. The aggressive expansion is expected to continue and IGL will reap long-term benefits.

The network tariff charged by the owner for the use of infrastructure by other players is a biddable parameter. We still maintain this view.

Based on our industry interactions, we believe IGL is on a strong footing, and therefore has fair probability of winning the case. Time Line December 26, Event Ministry of Petroleum asks PNGRB to initiate process for determining marketing margin charged by gas companies Dolat View This got initiated due to fertilizer ministry asking to look in the marketing margins charged by gas selling companies.

GGCL has started expanding infrastructure in uncovered areas to achieve volume growth. Acceptance of the regular price hikes shows the economic advantage of even expensive gas.

The matter under contest relates to the fixation of Network Tariff and Compression Charges. Industry, Dolat Research Guidelines To be under CGD network Either through CGD network or separate pipeline To be through a separate pipeline not covered under network Service Obligations The regulator has specified certain minimum levels of service obligations and service standards on matters relating to safety, addressing consumer complaints, quality of natural gas supplied, issue of new connections, billing and emergency response.

Company, Dolat Research Promising triggers of concurrent geographical expansion As a strategy, GGCL prefers focusing on its existing geographic territory in Gujarat rather than exploring new ones.

Further, in the wake of regulatory issues being taken up at the Supreme Court level, the bidding for new areas took a back seat, and put to rest long term plans of government to promote CGD.

Capacity augmentation at existing CNG stations: During CY09, volumes declined due to non availability of gas. Bidders for CGD license in Round 1 and Round 2 were relying heavily on marketing margin to make profits. However, it is marginally costlier when compared to solid fuels.

The only risk to this is the prices of RLNG moving upwards sharply from the current levels. The risk to our call remains the slow execution in infrastructure growth — that can restrict the volume growth.

City Gas Distribution Dolat Report Essay

Dolat Research In terms of profitability, industrial retail is far better than the bulk segment. IGL has doubled its gross block in two years FY Regarding marketing margin issue, we believe that it would not be implemented on CGD sector.

GGCL has decided not to pursue customer segments which are not ready to pay the higher prices. However, considering the case of 3 major CGD players of India, viz.

The price of the gas produced from the fields operated by private companies or joint ventures of public and private companies is approved by the government.

These parameters have also undergone some change due to some malpractices witnessed in the earlier rounds of bidding. We believe that these concerns may have been overdone. CNG segment has been growing double digits for GGCL and considering the usage economics we expect this segment to continue to grow strongly.

Data submitted by companies was too less for any meaningful calculation. Any increase in the domestic supplies in the coming years would be an added advantage for CGD companies to fuel growth as well as profitability.

It is expected to grow at They will reap long term benefits of being the first movers. The revised parameters are as below: The latest cap on the number of cylinders if six cylinders per household is retained has made PNG more attractive. Government still has ambitious plans for CGD space and if this has to move ahead there could be no capping of marketing margins.

Investor sentiment would improve and new geographical areas will come up for CGD. The regulatory compulsion of public transport being on CNG envisages long-term demand sustainability. Industry, Dolat Research Guidelines To be under CGD network Either through CGD network or separate pipeline To be through a separate pipeline not covered under network Service Obligations The regulator has specified certain minimum levels of service obligations and service standards on matters relating to safety, addressing consumer complaints, quality of natural gas supplied, issue of new connections, billing and emergency response.Another function is to reduce the pressure of the gas to be sent for distribution.

a mixture of air and natural gas are explosive over the range of 5% to 15% natural gas. at the city gas station the odorization of the natural gas takes place. India City Gas Distribution Market Size, Share & Analysis – By Type (PNG &CNG), By CGD Allocation, Competition Forecast & Opportunities.

The Ministry of Petroleum & Natural Gas was the policy maker and regulator in the initial stages of implementation of City Gas Distribution. As time passed by, the increased activity with respect to this distribution system instigated the need of a special regulatory body, which would ensure the 5/5(1).

fmgm2018.com Geographical Area Covered State / UT Operating Entity Authorised by PNGRB Year of Starting Operation City Gas Distribution Networks in India.

Florida City Gas operates and maintains natural gas pipes, reads meters and distributes natural gas to certified marketers, who sell it to more thanresidential and business customers in Florida’s Miami-Dade and Brevard counties.

 term paper on gujarat gas company ltd history: gujrat gas company is one of india’s leading natural gas distribution companies. it established in and headquarterd in fmgm2018.com company operates primarily in fmgm2018.com company went public in

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