Home Business India to launch 11th metropolis fuel licensing spherical quickly: Pradhan

India to launch 11th metropolis fuel licensing spherical quickly: Pradhan


NEW DELHI: India will quickly launch a bid spherical to provide out licences for retailing fuel in cities to assist prolong the protection of environment-friendly gasoline to about 500 cities, oil minister Dharmendra Pradhan mentioned on Thursday.
Throughout 2018 and 2019, sector regulator PNGRB gave out licences to retail CNG to vehicles and piped cooking fuel to family kitchens in 136 geographical areas or GAs. This prolonged protection of the town fuel community to 406 districts and round 70 per cent of the nation’s inhabitants.
“The 11th metropolis fuel distribution (CGD) authorisation spherical will likely be launched very quickly. PNGRB is making ready for it,” he mentioned at a digital occasion organised to fee 56 CNG stations in 13 states and one UT. “50-100 districts, significantly in Chhattisgarh, Madhya Pradesh, and Vidharba, will be a part of the town fuel community after the 11th spherical.”
The push for metropolis fuel growth is a part of the federal government plan for elevating the share of natural gas within the nation’s vitality basket to 15 per cent by 2030 from the present 6.three per cent.
Pradhan mentioned fuel is cheaper, handy, and atmosphere pleasant and its better use will assist minimize dependence on oil imports.
The 11th bid spherical is being deliberate round a brand new pipeline being constructed from Angul in Odisha to Mumbai in Maharashtra to ferry pure fuel between the east and west coast.
State-owned fuel utility GAIL has began work on the Angul-Mumbai pipeline, he mentioned including 17,000-km of fuel pipelines significantly within the jap a part of the nation are being constructed to attach fuel sources with consumption centres.
Additionally, the capability of liquefied natural gas (LNG) import terminals is being raised to satisfy rising home demand, he mentioned.
Pradhan mentioned shops meting out CNG have risen from 938 in 2014 to 2,307. “This quantity will rise to 10,000 in 4-5 years” after firms roll out operations in all of the areas for which licences have already been given.
Equally, the variety of households getting piped cooking fuel is focused to rise to five crore in coming years from the present 62.5 lakh, he mentioned.
The federal government, he mentioned, has liberalised norms for petrol and diesel retailing by eradicating the situation of Rs 2,000 crore funding within the hydrocarbon sector.
Any entity with a turnover of Rs 250 crore can now arrange petrol pumps and retail auto fuels, he mentioned asking metropolis fuel entities to look past CNG and arrange shops that may retail not simply fuel but in addition petrol and diesel in addition to cost electrical automobiles (EVs).
“Do not get caught at CNG station. Go for large retailing,” he mentioned.
The federal government can also be pushing to be used of LNG as a gasoline in vans and buses and 100 LNG pumps are deliberate to be arrange on the Golden Quadrilateral connecting the 4 metros in addition to on the North-South, East-West freeway corridors and in mining blocks, he mentioned.
In August 2019, Pradhan had acknowledged that an funding of about Rs 1.2 lakh crore was to be made by 2030 within the rollout of metropolis fuel community in virtually 300 districts for which licences have been given for the ninth and 10th bid rounds.
Throughout 2018 and 2019, the Petroleum and Pure Fuel Regulatory Board (PNGRB) awarded licences for organising metropolis fuel distribution networks in 136 GAs.
Whereas Rs 70,000 crore funding was dedicated in 86 GAs awarded within the ninth metropolis fuel bid spherical in August 2018, one other Rs 50,000 crore was dedicated within the 50 GAs awarded within the 10th spherical in March 2019.
Lower than 20 per cent of the inhabitants was lined by metropolis fuel distribution community in 2014 and after the award of the 10th bid spherical, this reached 70 per cent.
Whereas 86 GAs, made up of 174 districts, had been supplied for bidding within the ninth spherical that concluded in August 2018, 50 GAs, comprising 124 districts, had been supplied within the 10th spherical.
With the completion of the 10th bidding spherical, CGD can be obtainable in 228 GAs comprising 406 districts unfold over 27 states and Union Territories overlaying roughly 70 per cent of India’s inhabitants and 53 per cent of its geographical space.
The 56 CNG stations commissioned on Thursday had been arrange principally by Adani Fuel and Indian Oil Corp (IOC).


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