The South India times New Delhi: AG&P City Gas, one of many largest non-public vitality gamers in India, working underneath the model identify AG&P Pratham launched its 201st Compressed Natural Gas (CNG) station and 4th LCNG station in Hebbal, Mysuru. AG&P Pratham has developed about 150 CNG stations within the final 7 months, at a tempo of just about 5 CNG stations each week.
Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs inaugurated the CNG and LCNG stations in a web-based ceremony. The event was additionally graced by Shir Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas, and different officers at the Ministry.
AG&P Pratham has authorizations to develop CGD networks throughout 12 Geographical Areas overlaying 34 districts throughout 8% of India and 64 million folks within the states of Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka, and Kerala. In its twelve Geographical Areas, AG&P Pratham is creating and working CNG stations for autos and piped pure gasoline to properties, industries, and business institutions. AG&P Pratham has just lately gained the India 2022 ‘Energy Company of the Year at ‘The Economic Times Energy Leadership Awards.
Speaking after just inaugurating AG&P Pratham’s 201st CNG Station, Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs congratulated AG&P Pratham for the enlargement of CNG stations and LCNG stations within the Country. He acknowledged that India is dedicated to repeatedly enhancing the coverage and regulatory setting to assist the event and make cleaner and sustainable gasoline accessible and accessible to the public at massive. He stated that in the final 8 years, CNG stations within the nation have gone up from 938 in 2014 to 4629, and quantity is more likely to go as much as 8000. The PNG connections have elevated by 4 instances to nearly 1 crore whereas the CGD community has elevated 9 instances to cowl 630 districts.
The Minister acknowledged that the Modi Government has proven political resolve, readability on coverage points, and means to implement the selections which have helped in reaching these targets. He stated that the federal government means business, and using gasoline within the vitality basket of the nation will go up to 15%, and the CGD community will cater to nearly 90% of the customers.
Shri Puri stated that underneath the present international scenario, manufacturing and availability of Gas and Crude is a problem however India has been making certain the vitality safety, together with vitality affordability and availability. The improvement in home gasoline costs is a fraction of the worth rise at Henry Hub, and different locations, he added. This has been doable as a consequence of the Government taking a number of measures to cushion the effect on home customers.
Today’s inauguration ceremony is a vital step in increasing the availability of Natural Gas as setting pleasant and handy gasoline to the transport sector within the Country. Natural Gas can also be safer and more economical in comparison with most typical fuels.
Hon’ble Prime Minister has set a bold goal of increasing the share of Natural Gas within the main vitality combined to fifteen% to usher in a gas-based economy. The growth of a gas-based economy is anticipated to play a key function in reaching India’s goal of internet zero by 2070.
Shri Abhilash Gupta, Managing Director, and CEO, AG&P Pratham stated, “The launch of our 201st CNG station is a significant milestone for us. We have commissioned 150 CNG stations in the last 7 months. We are equally focused on providing domestic connections and have already built Domestic Piped Natural Gas (DPNG) infrastructure for 62,000 households. Within FY23, we will create the DPNG infrastructure for 3.36 lakh households. Our target is to set up 1500 CNG stations, lay 17,000 inch-km of steel pipeline, and connect 2.5 million households in the coming years. We are all working very hard to provide access to natural gas as a principal fuel source and usher in a natural gas-based economy.”
Mr. Hiroshi Suenaga, Managing Director, Japanese Overseas Infrastructure Investment Corporation (JOIN) stated, “As an investment arm of the Japanese government, JOIN is delighted to see AG&P Pratham as one of the important players in achieving India’s vision of a gas-based economy in the medium term and net carbon zero vision in the long term.”
Mr. Takeshi Shinohara, Director, OSAKA GAS stated, “Osaka gas is excited to be a part of the city gas distribution story in India through our tremendous partnership with AG&P and is pleased to contribute to the Indian society. AG&P Pratham has grown at a rapid pace while being equally mindful of health, safety and environment.”
Mr. Joseph Sigelman, Chairman and CEO, AG&P Group stated, “I must take this opportunity to express my admiration for the Government of India’s own outstanding performance to promote gas from a small percentage of India’s energy basket with a choreographed balance of unprecedented speed, safety, investment and reach. In such a short time, you are succeeding in creating a gas-based economy. In addition, our regulator, the PNGRB, has maintained consistency and transparency in its application of rules. I cannot overemphasize how predictability is important to foreign and domestic investors and entrepreneurs. Thus, the governance regime applied to the clean natural gas industry is, with careful consideration, not only world-class but world-leading.”
Mr. George Currie, Managing Director, I squared Capital stated, ”AG&P Pratham has delivered 201 CNG stations and 4 LCNG stations at an unprecedented tempo, and extra importantly, the group has created high-quality infrastructure without compromising on well-being and security requirements. Natural gasoline will play an indispensable function in India’s decarbonization journey and I Squared Capital is dedicated to partnering India on this journey by persevering with to spend money on constructing high-quality enabling infrastructure.”
AG&P Pratham is presently working CNG Stations within the districts of Andhra Pradesh: Anantapur, Kadapa, Chittoor, Sri Sathya Sai, Sri Balaji, Annamayya, and Nellore Districts; Karnataka: Kolar, Mysuru, Mandya, Chamrajnagar, Hassan, Chikkamagaluru, Kodagu, Bagalkot, Koppal, Raichur, Kalaburagi, Vijayapura, Shivamogga, Uttara Kannada and Haveri; Tamilnadu: Kanchipuram, Chengalpet, Vellore, Ranipet, Tirupattur, and Ramanathapuram; Kerala: Alappuzha, Kollam, and Thiruvananthapuram; Rajasthan: Jodhpur, Jaisalmer, and Barmer.
