New regulations to open up India’s gas infrastructure
Hazira LNG terminal in Gujarat. LNG terminals are suffering from regulatory problems. (Hazira LNG and port)
India plans to introduce a new law designed to improve foreign access to gas infrastructure and ensure the country’s public utilities benefit from a consistent regulatory approach.
The draft regulatory reform bill of 2013 was put out for public consultation in June last year by the National Institution for Transforming India Aayog (NITI Aayog), a thinktank established by Prime Minister Narendra Modi.