From Adani Gas to IOC\, over 80 force majeure requests flood PNGRB

From Adani Gas to IOC, over 80 force majeure requests flood PNGRB

According to multiple sources close to the development, the big firms that applied for force majeure include Adani Gas, Gail Gas, Indian Oil Corporation, Indraprastha Gas, Haryana City Gas

Shine Jacob  |  New Delhi 

The Petroleum Natural Gas and Regulatory Board (PNGRB), the downstream regulator, has got over 80 requests for force majeure from the ninth and tenth round of city gas distribution (CGD), in which 41 companies participated.

According to multiple sources close to the development, the big firms that applied for force majeure include Adani Gas, Gail Gas, Indian Oil Corporation, Indraprastha Gas, Haryana City Gas, and Torrent Gas. Some companies, including Adani Gas, approached the regulator seeking an extension of at least 12 months on deadlines in ...

First Published: Sun, April 26 2020. 21:58 IST