TIWN
New Delhi, Sep 28 (TIWN) In a setback to Adani Gas, the Supreme Court on Tuesday dismissed its plea, challengings the bidding process for the supply of PNG and CNG in three areas of Ahmedabad district.
A bench of Justices U.U. Lalit, S. Ravindra Bhat, and Hrishikesh Roy upheld the Gujarat High Court’s September 2018 judgment, which allowed supply of natural gas as a clean and green fuel in the three areas of outer Ahmedabad region, by state-run gas distributor Gujarat Gas. Adani had challenged the validity of Regulation 18 of the Petroleum and Natural Gas Regulatory Board (PNGRB) (authorising entities to lay, build, operate, or expand city or local natural gas distribution networks) Regulations, 2008 as violative of Articles 14 and 19(1)(g) of the Constitution, and ultra vires Section 16 of the Petroleum and Natural Gas Regulatory Board Act, 2006. Adani Gas, in the bidding process which was carried out by the PNGRB in 2016, lost to state-run Gujarat Gas Ltd to supply PNG and CNG in Sanand, Bavla, and Dholka areas of the district.
- Adani Krishnapatnam Port gets govt's nod for importing petroleum till March 1, 2026
- Indian entertainment and media industry’s revenue to reach Rs 365,000 crore by 2028
- Sanjay Malhotra to replace Shaktikanta Das as RBI Governor
- Rajasthan rising and reliable, says PM Modi; praises CM for good governance
- Adani Group most attractive among Indian corporates: Nomura report