India, Oct. 1 -- The Government of India has issued a release:
Shri Rajiv Gauba, during his address at the 20th Foundation Day of the Petroleum and Natural Gas Regulatory Board (PNGRB), highlighted the critical role of regulation, market-oriented reforms and institutional capacity in strengthening India's energy security and supporting the country's journey towards Viksit Bharat@2047. He noted that the petroleum and natural gas sector operates in an increasingly complex global environment, marked by geopolitical tensions, supply disruptions, and heightened energy-security risks.
Tracing India's own regulatory journey, he recalled how the sector moved from a colonial-era law and foreign ownership at independence to decades of state control...