The adjustment follows the new gas pricing mechanism implemented by the government, which sets a floor price of USD 4 per mmBtu and a ceiling price of USD 6.5 per mmBtu for domestic gas.
According to ICRA, this upgrade is attributed to ATGL's improved financial risk profile, driven by sustained growth in sales volume, which has resulted in an increased scale of operations and better profitability.
Chennai (Tamil Nadu) [India], September 29: VGN Homes, a pioneer in real estate business and a leading builder in Chennai, has launched VGN Classique, the only large-scale residential plot layout in Ambattur, spanning an expansive 10.50 acres of land and featuring a total of 252 premium resi
BPCL said its plan is to conduct a pilot and roll out the energy-efficient PNG stove during FY 2023-24, contributing to a reduction in import dependency.
The Assam Gas Company Limited and Oil India Limited have signed an agreement for the establishment of a joint venture company with the mandate to lay, build and operate city natural gas distribution networks in parts of Assam and Tripura.
Ahmedabad [India], October 17 (ANI): Gujarat Education Minister Jitu Vaghani on Monday announced 10 per cent value-added tax (VAT) reduction on compressed natural gas (CNG) and piped natural gas (PNG) by the state government.
New Delhi [India], August 23 (ANI): Natural gas production in India dropped to 2882.54 million standard cubic meters (MMSCM) in July 2022, which is 3.33 per cent lower than the monthly target and 0.40 per cent down from the production in July 2021, according to the official data released on
New Delhi [India], July 26 (ANI): The government has set a target to increase the share of natural gas in the country's energy mix to 15 per cent by 2030 from the current around 6.3 per cent, Minister of State for Petroleum and Natural Gas Rameswar Teli said on Monday.
New Delhi [India], April 14 (ANI): Indraprastha Gas Limited (IGL) has increased the price of domestic piped natural gas (PNG) by Rs 4.25 per standard cubic meter (SCM) effective from Thursday to partially cover the hike in input gas cost.
New Delhi [India], April 5 (ANI): National Thermal Power Corporation (NTPC) has signed an agreement with Gujarat Gas Limited (GGL) to blend green hydrogen in Piped Natural Gas (PNG), the Ministry of Power said on Tuesday.
New Delhi [India], April 1 (ANI): The Cooking gas distribution company, Indraprastha Gas Ltd (IGL) on Friday increased the CNG price by 80 paise per kg and PNG price by Rs 5.85 per cubic meter (16.5 per cent).