Think Gas Begusarai exposes cracks in India’s CGD drive – 9 Apr 2025

Monopoly rights and deep-pocketed backing couldn't shield this city gas player from mounting losses.

Even with government incentives and guaranteed market access, profitability remains out of reach.

As volumes lag and costs mount, the Begusarai CGD project exposes the cracks in India’s gas rollout model.

Strong sponsors can support, but they can't substitute for demand—or fix flawed market assumptions.