The city gas distribution (CGD) sector in India is going through a massive transformation. Sizeable capital expenditure is underway for existing as well as new geographical areas awarded recently. There are multiple regulatory changes also on the anvil.
Demand has more than halved in the first quarter of fiscal 2021 led by the Covid-19-induced lockdown, which severely impacted vehicle mobility, and industrial and commercial activities.
On the other hand, input prices are benign as both domestic and LNG have corrected sharply.
In this backdrop, CRISIL is organising a webinar where our experts will offer insights on:
CGD demand outlook over the medium term
Profitability outlook given the competition from alternate fuels
Impact of regulatory developments
Viability of significant capital expenditure, especially in the domestic PNG segment
Credit outlook for the sector
The webinar will be followed by a panel discussion with industry experts and a Q&A session.
