GAIL contests PNGRB's tariff order for gas transmission
GAIL has appealed against the PNGRB's tariff order of ₹65.69 per mmBtu, citing errors in excluding future costs and transmission losses. This challenge could affect GAIL's revenue outlook and investor sentiment in the gas sector.
after close1 source ↓written by the desknot a recommendation
- the rate
- ₹65.69 per mmBtu
- from last year
- 12% increase
GAIL has challenged the Petroleum and Natural Gas Regulatory Board's latest tariff order, which set the rate at ₹65.69 per mmBtu, a 12% increase from last year. The company argues that the regulator improperly excluded future costs and did not account for increased transmission losses. This appeal may impact GAIL's revenue projections and market sentiment.
Not investment advice. For informational purposes only.