City gas expansion loses steam in Apr-Dec as customer additions, infra growth falter
City gas expansion loses steam in Apr-Dec as customer additions, infra growth falter is drawing significant interest across the industry.
City gas distributors are seeing a slowdown in adding new customers and expanding infrastructure. Industrial customer additions dropped significantly. Household connections also declined. The number of new CNG stations and pipeline installations decreased. This slowdown is attributed to factors like natural gas competitiveness and challenges in household connections. Companies are moderating expansion to recover investments.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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