NGN proposes £1.25bn budget for RIIO2

Northern Gas Networks (NGN) has published its draft business plan for the RIIO2 price controls, as part of which, the gas distribution network has proposed to spend roughly £1.25 billion over the five-year settlement period beginning in 2021. This equates to an average yearly spend of £249.9 million, compared to £238.3 million over the current settlement period to date.  

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