The Petroleum and Natural Gas Regulatory Board has approved tariff reforms aiming to simplify tariffs and improve access to natural gas in India.
Indraprastha Gas Ltd. is expected to benefit by Rs 0.7 per standard cubic meter under the new regulations.
Mahanagar Gas Ltd. could face a negative impact of Rs 0.5 per standard cubic meter following the reforms.
The reforms involve reducing unified tariff zones from three to two, impacting various companies differently, with measures to enhance access to natural gas across the country.