elfen ua wrpfee the feferara ats Petroleum and Natural Gas Regulatory Board PNORB waa, aes os det, arax Ys, ae fect - 110001 1* Floor, World Trade Centre, Babar Road, New Delhi — 110001 16" May, 2019 To Consortium of Think Gas Distribution Pvt, Ltd. & Think Gas Investment Pte. Ltd., 811, 8" Floor, Logix Corporate Tower, Logix City Centre, Sector 32, Noida - 201301 (Kind Attn: Shri Sayantan Lahiri, Director) Subject: Transfer of Authorization of Begusarai district GA, Bhopal and Rajgarh istricts GA, Ludhiana (except area already authorised), Barnala and Moga districts GA and Jalandhar (except area already authorized), Kapurthala & SBS Nagar districts GA to newly incorporated SPVs, Sir, This is with reference to your letters dated 12.12.2018 and 28.12.2018 on the above subject. 2. PNGRB, after examination of your request on the above subject has accepted the proposal/request to amend the authorization of Geographical Areas of Begusarai district in favour of THINK Gas Begusarai Pvt. Ltd., Bhopal and Rajgarh districts in favour of THINK Gas Bhopal Pvt. Ltd., Ludhiana (except area already authorised), Barnala and Moga districts in favour of THINK Gas Ludhiana Pvt, Ltd. and Jalandhar (except area already authorized), Kapurthala & SBS Nagar districts in favour of THINK Gas Ludhiana Pvt. Ltd. from the existing entity to the Consortium of Think Gas Distribution Pvt. Ltd. & Think Gas Investment Pte. Ltd. with a condition that the respective SPVs shall submit fresh/amended Performance Bank Guarantees of the following amount wherein the respective SPVs shall be named as authorized entity: SPV NAME PBG AMOUNT THINK Gas Begusarai Pvt.Ltd. Rs, 33 crore Bhopaland Rajgarh districts _ | THINK Gas Bhopal Pvt. Ltd. Rs. 33 crore Ludhiana (except area already | THINK Gas Ludhiana Pvt. Ltd. Rs, 33 crore authorised), Barnala and Moga districts Jalandhar (except area already | THINK Gas Ludhiana Pvt. Ltd _| Rs, 33 crore authorized), Kapurthala & SBS Nagar districts |Accordingly, you are requested to submit the amended PBGs within 60 days from the receipt of this communication, Failure to submit the same will attract applicable consequences. 3. _ Further, the respective SPVs will be obliged to inform the Board in case, any changes are made in their equity structure. Besides, the respective SPVs shall also abide by the existing/modified terms and conditions of the authorization including compliance with the service obligation and adherence to the quality of service standard. 4, __ The respective SPVs are accordingly permitted to take over the activities of laying, building, operating or expanding the CGD network of Begusarai district, Bhopal and Rajgarh districts, Ludhiana (except area already authorised), Barnala and Moga districts and Jalandhar (except area already authorized), Kapurthala & SBS Nagar districts Geographical Areas, Yours faithfully, \e\ sh (Arvind Kumar) Additional Adviser