The demand from the city gas distribution (CGD) and industrial sectors witnessed a major blow due to the outbreak of Covid-19 pandemic. However, with the easing of lockdown restrictions, CGD volumes witnessed significant improvement from the third quarter of 2021. Going forward, the sector outlook remains highly optimistic due to favourable government policies and the expansion of CGD entities. The CNG segment is expected to grow exponentially in the coming years as currently, there are around 41 million vehicles on Indian roads of which only 4 million run on CNG. Hence, there is immense scope for CNG motor vehicles in the country. Moreover, the government’s ambitious target of increasing the share of natural gas in the country’s energy basket from the existing level of 6.2 per cent to 15 per cent by 2030 bodes well for the sector.

In this video, Ramana Kumar, Managing Director, Sabarmati Gas Limited; Suresh P. Manglani, Chief Executive Officer, Adani Gas Limited; Hardip Singh Rai, Chief Executive Officer, THINK Gas; M.V. Ravi Someswarudu, Chief Executive Officer, GAIL Gas India; and A.K. Jana, Managing Director, Indraprastha Gas Limited; speak about the impact of Covid-19 on their existing operations, digitalisation initiatives undertaken, key challenges faced and the future outlook for the sector.