PNGRB

GAIL’s Rs 20 hike in tariff will translate to Rs 3,400 crore per annum: Sandeep Kumar Gupta

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GAIL’s Rs 20 hike in tariff will translate to Rs 3,400 crore per annum: Sandeep Kumar Gupta

Sandeep Kumar Gupta, CMD, GAIL (India), says the Rs 20 increase in tariff which they have filed will translate to Rs 3,400 crore per annum and they are very hopeful that at least two elements out of this, – Rs 1,200 crore for true up-of-the-system use gas cost and about Rs 800 crore due to … Read more

After GSPL, tariff cuts for GAIL also can’t be ruled out. Gajendra Singh of PNGRB explains why

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After GSPL, tariff cuts for GAIL also can’t be ruled out. Gajendra Singh of PNGRB explains why

Gajendra Singh, Member, PNGRB (Petroleum & Natural Gas Regulatory Board), says PNGRB has come out with pricing revision because the companies, because of the volume growth, had made more than 12% returns Since this is a regulated entity, PNGRB is only ensuring that whatever the fine print was, if they are making returns of more … Read more