CRYOGAS attanded the conference of Diligentia’s first ever interactive forum in association with IGL “The City Gas Distribution Forum 2019”.The objective behind setting this forum is to provide a solution driven platform to all the vendors, understanding their issues and identifying the root cause of the problem and providing appropriate solutions with the help of the governing bodies .
The Petroleum and Natural Gas Regulatory Board (PNGRB) has allocated additional 50 gas distribution licenses in 124 districts, in the 10th round of bidding this year. This has extended the CGD coverage to 70 per cent of India’s population. Thus, there was be simultaneous development of massive CGD infrastructure of providing PNG connection to close to five crore homes, setting up about 8,000 to 10,000 CNG stations and laying of 25,000 km to 30,000 km of steel pipeline in the next eight years. This requires close coordination among all the stakeholders – government, PNGRB, authorities, transporters and gas suppliers, CGD entities and vendors/contractors. It would require out-of-the-box measures to overcome the challenges coming in the way of fast-track development of infrastructure.Nearly seven out of 10 people in India would directly or indirectly experience the benefit from the combined impact of development of CGD networks in their homes, businesses or vehicles. It is expected to deliver PNG connection to 5 crore homes, setting up 10,000 CNG stations; and laying 25,000 km to 30,000 km of steel pipelines by CGD entities alone in the next few years bringing an investment of about $20 billion to $25 billion. These are mind-boggling numbers are capable of taking India to a new level of development. Indian vendors, contractors, small and medium-scale entrepreneurs, start-ups etc., would be key beneficiaries of the CGD development.