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Gazette Tracker

Core Purpose

The Petroleum and Natural Gas Regulatory Board issues new regulations to amend the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Regulations, 2008.

Detailed Summary

The Petroleum and Natural Gas Regulatory Board (PNGRB), exercising powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006), issued the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) amendment Regulations, 2025, on 15th September, 2025. These regulations, which come into force on their publication date in the Official Gazette, amend the principal 2008 Regulations, originally published vide G.S.R. 196(E) on 19th November 2008. Key amendments include the insertion of sub-clause (j) in regulation 2(1), expanding the definition of "Performance Bond" to include Demand Draft, Pay Order, Bank Guarantee from any scheduled bank of India, or Insurance Surety Bond from Insurance Regulatory and Development Authority of India (IRDAI) licensed/authorized companies. In regulation 9(1), previous requirements for performance bonds to be in the form of demand drafts, pay orders, or bank guarantees are deleted; the term "PBG" is substituted with "Performance Bond"; and phrases related to bank guarantee submission are removed. A new provision in regulation 9(1) clarifies that Insurance Surety Bonds are accepted up to a maximum of 50% of the specified amount, with the remaining 50% accepted via other instruments defined in regulation 2(1)(j), while entities may still provide 100% security through Bank Guarantee/DD/Pay Order. Furthermore, a proviso is inserted into regulation 16(4) stating that in case of encashment of Performance Bond, Bank Guarantee will be encashed first, followed by Insurance Surety Bond and then other instruments.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-20092025-266265 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 636] NEW DELHI, WEDNESDAY, SEPTEMBER 17, 2025/BHADRA 26, 1947 PETROLEUM AND NATURAL GAS REGULATORY BOARD NOTIFICATION New Delhi, 15th September, 2025 F. No. PNGRB/Comm/7Misc (5)/2025 (E-5734)/01. --- In exercise of the powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006), the Petroleum and Natural Gas Regulatory Board hereby makes the following regulations, to amend the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Regulations, 2008 namely: - 1. Short title and commencement. (1) These regulations may be called the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) amendment Regulations, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Regulations, 2008, (a) In regulation 2, clause (1) defining "Performance Bond" sub clause (j), shall be inserted:- "The Performance Bond, as the case may be, shall include Demand Draft or Pay Order or Bank Guarantee from any scheduled bank of India or Insurance Surety Bond from Insurance Companies Licensed / authorized by Insurance Regulatory and Development Authority of India (IRDAI) for the amount as specified in the regulation". (b) In Regulation 9, clause (1), above the table, the words "in the form of demand draft or pay order or bank guarantee from any scheduled bank shall be deleted. (c) In Regulation 9, clause (1), the words "PBG” shall be substituted with the word "Performance Bond.” (d) In Regulation 9, clause (1), in the paragraph below the table the phrase "In case the performance bond is submitted through bank guarantee" shall be deleted. (e) In Regulation 9, clause (1), in the paragraph below the table the words "guarantee (PBG)" shall be deleted. (f) In Regulation (9) clause (1) after "clarification" following shall be inserted: "The performance Bond by way of Insurance Surety Bonds will be accepted to the extent of maximum upto 50% of the amount as specified in the regulation and balance 50% will be accepted by way of any of other instruments as mentioned in the definition of Performance Bond at regulation 2 (1) (j)". However, Entity is free to provide the performance security by way of Bank Guarantee/DD/Pay Order to the extent of 100% of the value as stipulated in the respective regulation. (g) In Regulation 16, clause (4) the following proviso shall be inserted, Provided that in case of encashment of Performance Bond, firstly Bank Guarantee will be encashed followed by Insurance Surety Bond and other instruments, as case may be." ANJAN KUMAR MISHRA, Secy. [ADVT.-III/4/Exty./369/2025-26] Foot Note: 1. The principal regulations, Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Regulations, 2008, was published in Gazette of India, Part II, Sec. 3(i) on 19th November 2008, vide G.S.R. 196(E). 2. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2008, was published in Gazette of India, Part II, Sec. 3(i) on 19th March 2008, vide G.S.R. 800(E). 3. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2009, was published in Gazette of India, Part II, Sec. 3(i) on 30th April 2009, vide G.S.R. 295(E). 4. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2010, was published in Gazette of India, Part II, Sec. 3(i) on 7th June 2010, vide G.S.R. 478(E). 5. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2010, was published in Gazette of India, Part II, Sec. 3(i) on 19th July 2010, vide G.S.R. 605(E). 6. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2013, was published in Gazette of India, Part III, Sec. 4 on 21st June 2013, vide F. No. PNGRB/CGD/ REGULATIONS/REVIEW-2011/2012-III. 7. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2014, was published in Gazette of India, Part III, Sec. 4 on 7th April 2014, vide F. No. PNGRB/CGD/BID/4/2013- PRE-BID. 8. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2014, was published in Gazette of India, Part III, Sec. 4 on 1st January 2015, vide F. No. L-MISC/VI/I/2007. 9. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2015, was published in Gazette of India, Part III, Sec. 4 on 13th February 2015, vide F. No. PNGRB/CGD/REGULATIONS/AMEND-2015. 10. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2015, was published in Gazette of India, Part III, Sec. 4 on 15th December 2015, vide F. No. PNGRB/CGD/Amendment/2015/2. 11. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2016, was published in Gazette of India, Part III, Sec. 4 on 30th March 2016, vide F. No. VKS/DB/03/CGD. 12. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2016, was published in Gazette of India, Part III, Sec. 4 on 27th April 2016, vide F. No. PNGRB/CGD/Amendment/2015/2/SC. 13. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2018, was published in Gazette of India, Part III, Sec. 4 on 6th April 2018, vide F. No. PNGRB/Auth./CGD/Amd/2018. 14. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Second Amendment Regulations, 2018, was published in Gazette of India, Part III, Sec. 4 on 27th April 2018, vide F. No. PNGRB/Auth./CGD/Amd/2018/2. 15. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Third Amendment Regulations, 2018, was published in Gazette of India, Part III, Sec. 4 on 9th November 2018, vide F. No. PNGRB/Auth./CGD/Amd/2018/3. 16. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Fourth Amendment Regulations, 2018, was published in Gazette of India, Part III, Sec. 4 on 26th November 2018, vide F. No. PNGRB/Auth./CGD/Amd/2018/4. 17. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2020, was published in Gazette of India, Part III, Sec. 4 on 30th September 2020, vide F. No. PNGRB/Auth/1- CGD (07)/2020 (P-884). 18. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2021, was published in Gazette of India, Part III, Sec. 4 on 8th September 2021, vide F. No. PNGRB/Auth/1-CGD (79)/2019(P-770). 19. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2022, was published in Gazette of India, Part III, Sec. 4 on 15th February 2022, vide F. No. PNGRB/Auth/1-CGD (79)/2019 (P-770). 20. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2023, was published in Gazette of India, Part III, Sec. 4 on 29th March 2023, vide F. No. PNGRB/Auth/1-CGD (08)/2020(P-894). 21. The Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2024 was published in Gazette of India, Part III, Sec.4 on 26th December 2024 vide F no. PNGRB/Auth/1-CGD (5)/2024 (E-5303)

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