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Full benefit of gas reforms hasn't reached end user: Hardeep Puri

By Economic Times - 9 months ago
Monopoly over licensed areas for too long has ensured strong profits for city gas companies. Listed city gas companies have routinely shown far higher returns on investments than natural gas producers or refiners. “The fact of the matter is if you have low punitive provisions and you are not able to enforce compliance, you have difficulty,” Puri said. “So, I’m very clear in my mind, that we’ve finished all bidding. And we will take all the measures necessary. It doesn’t matter who goes to the court and does what.”

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