Govt amends natural gas tariff, authorisation and capacity regulations


New Delhi, Nov 25 : The Petroleum and Natural Gas Regulatory Board (PNGRB) has amended its three regulations, namely natural gas pipeline tariff, authorisation and capacity regulations. These amendments will enable implementation of unified tariff regulations which will be effective from April 1, 2023 across the country. To address the settlement issues for implementation of unified tariff, an industry committee has been constituted. The objective of these changes is to provide natural gas access in far-flung areas at competitive and affordable rates, to achieve the objective of one nation one grid and one tariff, official sources said. To simplify the implementation of unified tariff, entity level Integrated natural gas pipeline tariff has been introduced in the aforementioned regulations, which will act as a building block for unified tariff at national level. Further to protect the overall interest of consumers in different regions the number of unified tariff zones have been increased from two to three. In addition to this, other amendments like allowing unaccounted gas, moratorium period and ramping up capacity have been incorporated, sources said. /IANS




Related

LIC net gains from holdings in Adani Group at Rs 27,300 crore
New Delhi, Jan 29 : Life Insurance Corporation of India (LIC) has made net gains of Rs 27,300 crore from investments in Adani Group shares. LIC'

Air Asia flight makes emergency landing at Lucknow after bird hit
Lucknow, Jan 29 : A Kolkata-bound AirAsia flight made an emergency landing at Lucknow airport after suffering a bird hit soon after take-off on Sunday

Mahanadi Coalfields sets up eco park over closed underground mine in Odisha
New Delhi, Jan 29 : Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Limited (MCL) as part of its green initiative, has developed an eco-park

Sharing