GyanGramConsider the following statements : 1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regula…
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Consider the following statements :
1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regulatory body set up by the Government of India.
2. One of the tasks of PNGRB is to ensure competitive markets for gas.
3. Appeals against the decisions of PNGRB go before the Appellate Tribunals for Electricity.
Which of the statements given above are correct?
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• Correct Answer: B
• PNGRB was established in 2006, not the first regulator—TRAI was established earlier in 1997
• Mandate includes promoting competitive markets for gas under PNGRB Act, 2006
• Appeals against PNGRB orders go to Appellate Tribunal for Electricity (APTEL) as designated in 2007
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