As PNGRB gets tough, CGD companies face a Hobson's choice – 29 Apr 2022

Now that a quorum is in place, the PNGRB is taking active decisions

And its baring its teeth too by cancelling authorizations given earlier

This no-nonsense approach will go a long way in energizing the sector or forcing others to pull up their socks or even call it quits

The CGD segment is going through a dilemma, as concessional gas runs out. Is it worth spending hundreds of crores of rupees on infrastructure when some of it may go unused or under used?

As the PNGRB is unlikely to go easy on truant players, is it prudent for some of them to pay up the penalty and wind up? It is better to do it now than later?