CGD entities: Nothing much to look forward to? – 31 Jul 2024

This website never really believed in the City Gas Distribution story all that much

And a lot of the CGD expansion may end up as dead assets

This is proven by how mature CGD entities are now hitting a performance ceiling, with the advent of electric cars, and competitive petrol and diesel prices.

The industrial base that can be catered too is not growing much in a post-industrialization world

And more significantly, the allocation of subsidized gas is now coming down to 60%, with this share likely to fall going ahead