- 28 Apr 2022
- ICICI Securities
BPCL, HPCL win two CGD licenses each
BPCL - 333 Change: 6.15 (1.88 %)News: BPCL and HPCL received two CGD licenses while Gail Gas received one CGD license in 11A CGD bid round
Views: Licensing of additional areas is a positive for overall gas sector in order to increase share of gas in India's energy mix and it gives potential for long term sales volume growth
Impact: Positive