Friday, October 02
The city gas distribution (CGD) sector is at the core of India's energy transition, with compressed natural gas, in particular, poised for significant growth, according to a report by Crisil Intelligence.This projected growth, according to Crisil, will be powered by government thrust, urban mobility demand, and expanding infrastructure.With more than 18,000 CNG stations proposed and 12 crore households unlocked through licensing rounds, the momentum remains strong."With the top states continuing to anchor demand, the next phase of growth should come from new geographies, backed by evolving gas-allocation patterns, private investments and aggressive vehicle conversion trends," the Crisil report titled 'City Gas Pulse' read.On the other hand, the competitive intensity is rising, exclusivity
