New Delhi: HCG Group announced an investment of INR 500 crore to expand the Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) infrastructure in Gurugram. This strategic move aims to provide nearly 100,000 domestic PNG connections in the next year, with a long-term plan to reach around 300,000 households over the next five years.
During the inauguration of PNG connections in Palam Vihar, attended by Gajendra Singh, a member of the Petroleum and Natural Gas Regulatory Board (PNGRB), the emphasis was on natural gas as a crucial step towards enhancing residents’ quality of life and meeting national sustainability goals.
Rahul Chopra, Chairman, HCG Group, and Kapil Chopra, Managing Director, announced plans to bolster infrastructure, including adding 50 CNG stations to the existing 40, thereby totaling 90 stations. This expansion also envisages extending the gas distribution network by an additional 1000 kilometers.
“HCG Group is actively contributing towards realizing the vision of Prime Minister Narendra Modi to transition India into a gas-based economy. Our efforts aim to increase the share of natural gas from 6% to 15% in the nation’s overall energy basket,” said Kapil Chopra.
The commitment underscores HCG Group’s dedication to sustainable infrastructure development, supporting Prime Minister Narendra Modi’s initiative to enhance the role of natural gas in India’s energy sector.
The event also featured the symbolic inauguration of 101 PNG connections in Palam Vihar, representing HCG Group’s commitment to pioneering sustainable energy solutions.
