GUJARAT PLANS GAS REGULATION

Vol 3, PW 4 (17 Mar 99) News in Brief
     

Gujarat is examining a proposal to enact legislation to regulate the distribution of gas independent of separate moves by Delhi.

The Business Standard newspaper reports that the proposal, pursued by the Gujarat Infrastructure Development Board, involves the creation of a market driven gas grid by the Gujarat State Petrochemicals Corporation (GPCL). Gujarat says it has constitutional backing to regulate its gas infrastructure independent of moves by Delhi to set up a national gas regulator with statutory powers.