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 starting of commercial operations under the allotted geographical areas.
“The regulator is considering the