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