ICICI Direct: Medium Term Growth Outlook For City Gas Distributors Intact

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Petroleum and Natural Gas Regulatory Board has notified finalised regulations for city gas distribution networks regarding common carrier.Key highlights include:open access will be implemented in geographical areas where marketing exclusivity has ended;capacity in open access shall be at least 20% of capacity of the CGD network and compression capacity or the maximum quantity of gas that has flowed in the CGD network or through compressors even for a period of one day in the past, whichever is higher;CNG or liquid to compressed natural gas stations run by dealers and franchises of authorised entities shall not be considered as third party shipper for the purpose of allowing access..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Direct: Medium Term Growth Outlook For City Gas Distributors Intact

ICICI Direct: Medium Term Growth Outlook For City Gas Distributors Intact

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