Tamil Nadu City Gas Distribution Policy 2023

Mar 24, 2023 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Industries, Investment, Promotion, and Commerce Department, Tamil Nadu on March 18, 2023, issued the Tamil Nadu City Gas Distribution Policy 2023.

The following has been stated namely: -

• The objective of the policy is:

1. To promote the adoption of natural gas by the state as a green fuel

2. To ensure faster implementation of GCD infrastructure in the state

3. To ensure compliance with safe operations and reliable/uninterrupted supply of natural gas by maintaining Asset Integrity by all the GCD entities

• The utility entities shall pay the upfront restoration charges based on the rates fixed with an annual escalation @5% from April 01, 2023

 

This shall come into effect from March 18, 2023

 

Please refer to the notification for more information

 

[Notification No. G.O.(Ms.) No.72]

 


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT