You are here: Home » Markets ¬Ľ News
BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days
icon-arrow-left
Business Standard
Web Exclusive

Proposed gas price revision to bring short-term relief to CGDs: Analysts

The proposed domestic gas pricing formula by Kirit Parikh panel will likely provide headroom to CGDs to reduce prices and improve margins, but this may hurt producers like ONGC, Oil India, experts say

Topics
oil and gas sector | City Gas Distribution | Gas companies

Harshita Singh  |  New Delhi 



Gas, Gas cost
Photo: Bloomberg

The proposed revision in the domestic gas pricing formula by the Kirit Parikh committee is likely to benefit companies (CGDs) in the short term, while it may marginally hurt gas producers such as and Oil India, analysts say.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, December 01 2022. 12:08 IST

RECOMMENDED FOR YOU

.