GAIL seeks positive tariff order for transportation revision from PNGRB
The company has stated through filing that we would like to mention that PNGRB has webhosted the Public Consultation document dated 17.04.2025 for Tariff Review of the unit natural gas pipeline tariff of GAIL Integrated Network, which was submitted by GAIL on 30th Aug., 24.
State-owned Gas Utility PSU, GAIL (India) Ltd’s shares are in focus amid the market investors turning positive in anticipation of a potential tariff hike. The stock ultimately closed 4.4% higher at Rs. 195.30 on 21 April.
The consultation document paper by PNGRB covers 10 of GAIL's pipelines.
Last year in June, GAIL had proposed a levelised tariff of Rs 78.72 per MMBtu, compared to the current tariff of Rs 59 per MMBtu. The proposed revision would apply from January 1, 2025, to March 31, 2049. Therefore, the board has considered the tariff review for the integrated pipeline network.
The company has stated through filing that we would like to mention that PNGRB has webhosted the Public Consultation document dated 17.04.2025 for Tariff Review of the unit natural gas pipeline tariff of GAIL Integrated Network, which was submitted by GAIL on 30th Aug., 24.
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As per the PNGRB process, post public consultation, PNGRB may issue the Tariff Order for revision of the Transportation Tariff of GAIL Integrated Network. If such a tariff is revised upwards as per the submission of GAIL, then it may have a positive impact on the transmission revenue of GAIL, the filing added further.
Shares of the GAIL (India) Ltd are trading down by 1.25% at Rs 192.87 at the NSE. The stock has been corrected by 6.39% in the past month. The market capitalisation of the company is at Rs 1.27 lakh crore, and the dividend yield is at 3.37%.
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