Press Release | 19 Mar, 2024
HCG Group, a trailblazer in the
energy sector, celebrated the inauguration of Piped Natural Gas (PNG)
connections in Palam Vihar, Gurugram. The event was graced by the esteemed
presence of Gajendra Singh, Member of the Petroleum and Natural Gas Regulatory
Board (PNGRB), underscoring the imperative shift towards sustainable energy
solutions for a greener and healthier future.
Mr. Singh, advocating for the
widespread adoption of natural gas, highlighted its pivotal role in enhancing
convenience, comfort, and overall quality of life for residents. He commended
HCG Group for its proactive stance in championing eco-friendly energy
alternatives, aligning with national sustainability objectives.
Kapil Chopra, the Chairman of HCG
Group, accompanied by Managing Director Rahul Chopra, unveiled the company's
visionary plans aimed at significantly increasing access to sustainable energy
in the region. Mr. Chopra announced the group's ambitious goal of delivering
nearly 100,000 domestic PNG connections within the next year, with a steadfast
commitment to extending this service to approximately 300,000 households over
the subsequent five years.
Furthermore, Kapil Chopra emphasized
that HCG Group is actively pursuing appropriate domestic gas allocation from
the appropriate government bodies to facilitate the achievement of their
targets. “HCG Group is actively contributing towards realizing the vision of
the honorable Prime Minister Shri 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”, added Kapil Chopra.
Rahul Chopra reiterated the group's
unwavering dedication to sustainable infrastructure development. He highlighted
significant investments in creating a robust network spanning over 1000
kilometers in Gurugram, supported by a skilled workforce committed to meeting
consumer needs across all segments. Additionally, the group pledged to invest
over 500 crore rupees in Gurugram over the next three years to fortify
infrastructure, including the establishment of 50 additional CNG stations,
thereby augmenting the total tally to 90, and expanding the network by an
additional 1000 kilometers.
The event culminated with the symbolic inauguration
of 101 PNG connections in Palam Vihar, symbolizing HCG Group's unwavering
commitment to pioneering sustainable energy solutions for a cleaner and
healthier environment.