GAIL — PNGRB Integrated Pipeline Tariff Hike To Improve Transmission Revenue: ICICI Direct

"BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .ICICI Direct Report.The Petroleum and Natural Gas Regulatory Board has hiked the Integrated Natural Gas Pipeline tariff of GAIL India Ltd. to Rs 58.61/metric million British thermal unit (on a gross calorific value basis) with effect from April 1, 2023. This revision is a 45% hike in tariff from current prices. Total 10 pipelines have been considered as a single integrated entity by PNGRB for tariff revision and have been granted an economic life up to 2049. Newer pipelines such as Jagdishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline have been provided with 10 years utilisation ramp up period. Thus, INGPL is expected to reach its peak volume of 131.6 million metric standard cubic metre per day (75% utilisation of 175.5 mmscmd design capacity by 2034). In spite of this tariff hike, the impact on downstream companies like city gas distributions is likely to be limited (around Rs 0.5-0.6/standard cubic metre)..Click on the attachment to read the full report:.GAIL - PNGRB Approves Integrated Tariff Of Rs 58.6/mmBtu: Motilal Oswal.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

GAIL — PNGRB Integrated Pipeline Tariff Hike To Improve Transmission Revenue: ICICI Direct

In spite of the tariff hike, the impact on downstream companies like city gas distributions is likely to be limited.

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GAIL — PNGRB Integrated Pipeline Tariff Hike To Improve Transmission Revenue: ICICI Direct

In spite of the tariff hike, the impact on downstream companies like city gas distributions is likely to be limited.

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