Nirmal Bang: Takeaways From CGD Webinar Hosted By Crisil Research - Massive Capex, Benign Policy Support Gas Outlook
Gas pipelines of Gujarat State Petronet Ltd. (Source: Company website)

Nirmal Bang: Takeaways From CGD Webinar Hosted By Crisil Research - Massive Capex, Benign Policy Support Gas Outlook

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.

Nirmal Bang Report

We have summarized key takeaways from the city gas distribution webinar hosted by Crisil research last week.

We also discuss key developments as well as issues related to the oil and gas sector and the September 2020 trend in Indian gas consumption, which has revived to near normal level.

Crisil made positive comments about the CGD sector and new CGD projects underway in areas awarded in nineth/10th round auctions by the Petroleum and Natural Gas Regulatory Board.

Crisil believes that execution looks on track with low project risk. Capex of Rs 1200 billion over seven to eight years is likely to be modular.

Click on the attachment to read the full report:

Nirmal Bang Oil and Gas Sector- Sector Update-27 November 2020.pdf

DISCLAIMER

This 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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.