ENA Sectors 2023-12-14 16:15:03 <p><span style="font-size:14px"><strong>New Delhi, Dec 14 (KNN)</strong> City Gas Distribution (CGD) is a vital engine for growth in India's natural gas industry, however policy challenges and consumer accessibility continue to act as key hurdles, remarked Industry experts at the ET Energyworld's Oil &amp; Gas Annual Summit on Wednesday.</span></p> <p><span style="font-size:14px">SK Jha, Executive Director &amp; Head of City Gas Distribution at Indian Oil Corporation Ltd. urged for a unified policy framework, during a panel discussion titled City Gas Distribution: Next Growth Frontier for India's Natural Gas Sector. </span></p> <p><span style="font-size:14px"> The expansion of the CGD network is hindered by the lack of a uniform policy, Jha blamed, identifying a key obstacle to growth.</span></p> <p><span style="font-size:14px">On the contrary, P Anil Kumar, Executive Director (Gas BU) at Bharat Petroleum Corporation Ltd, presented a more optimistic view of the CGD network's future and its potential for significant expansion.</span></p> <p><span style="font-size:14px"> We are projecting the CGD network to expand to cover 40 per cent by 2030, from the current 20 per cent, Kumar said, suggesting a doubling of the network's coverage in the next decade.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35896 https://knnindia.co.in/news/newsdetails/sectors/policy-changes-needed-to-drive-growth-for-city-gas-distribution 2023-12-14 16:15:03 knnindia.co.in