PNGRB, in its 27 November order, raised GAIL's integrated pipeline tariff by roughly 12 per cent to ₹65.7 per mmbtu, effective 1 January 2026.
GAIL's integrated pipeline tariff has been revised to Rs 65.69 per mmBtu from January 2026 - well below its ask - prompting a sharp market reaction
PNGRB's lower-than-expected tariff hike has dampened sentiment around GAIL, with analysts expecting only modest earnings support even as transmission volumes
According to Nuvama, the outlook for OMCs is clouded by high capital expenditure commitments and rising under-recoveries, which are set to keep return ratios suppressed.
The gas regulator suggests India's top distributor switch to electric compressor motors to cut costs as GAIL seeks a tariff hike amid higher gas prices
Q2FY26 company results: Firms including Phoenix Mills, Maruti Suzuki, Bharat Electronics, Patanjali Foods, ACC, and Bajaj Electricals are also to release their July-September earnings reports today
The Bengaluru Airport City Limited (BACL) on Tuesday announced signing an agreement with GAIL Gas Ltd, a wholly owned subsidiary of GAIL (India) Limited, to develop a city gas distribution facility at Bengaluru Airport City, marking a significant step towards building a cleaner, greener energy ecosystem. The upcoming facility will include a Compressed Natural Gas (CNG) station and associated infrastructure, Piped Natural Gas (PNG) installations, and other clean energy solutions, it said. Alongside fuel services, the station will also feature non-fuel retail and convenience offerings for the wider public, officials said. "By facilitating CNG infrastructure for taxis, buses, logistics fleets, and last-mile connectivity vehicles at and around Kempegowda International Airport Bengaluru (BLR Airport), the project will position Bengaluru Airport City as a showcase for integrating sustainable energy solutions into urban and commercial hubs. The development also enhances the attractiveness
The fall in profit can be attributed to the decline in PBIT in the Natural Gas marketing segment to ₹661.25 crore in Q1 FY26 from ₹2,056.58 crore in the same quarter last year
Stock Market Highlights on Monday, July 28, 2025: Barring Nifty FMCG and Pharma, all other sectoral indices on the NSE settled in the red, with the Nifty Realty index being the top laggard
The Indian company is looking to buy six cargoes of the super chilled gas in 2027, and eight cargoes in the second year of the deal
State-owned GAIL (India) Ltd has signed a gas sales and purchase agreement (GSPA) to buy 1 million tonnes of liquefied natural gas (LNG) from Vitol Asia Pte Ltd for 10 years starting 2026. The GSPA follows a binding term sheet signed in January 2024, GAIL said in a statement. "Under the agreement, Vitol will deliver LNG to GAIL from its global LNG portfolio," it said. Speaking on the occasion, GAIL Director (Marketing) Sanjay Kumar said the company is expanding its long-term LNG portfolio to meet demand growth. "We are pleased to partner with Vitol Asia Pte Ltd, and this agreement represents a key milestone in reinforcing GAIL's capability to reliably serve its diverse and evolving customer base." Jay Ng, Chief Financial Officer, Vitol Asia and Executive Committee member, said the growing Indian market is core to Vitol's strategy and its diversified portfolio enables it to offer India a stable supply of cleaner and competitive energy. India emerged as the world's fourth-largest LN
The supplied gas will be used by the state-run Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for the production of power
Nifty outlook: A fresh trigger is needed for the index to decisively surpass the 25,200 hurdle, analyst says
Located on the Maharashtra coastline, the Dabhol LNG Terminal plays a vital role in India's gas infrastructure
Government owned Oil India Ltd (OIL) has commenced natural gas production from the Bakhri Tibba block, located in the desert belt near the India-Pakistan border in Rajasthan's Jaisalmer district. The commencement of natural gas production was announced by Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri. Taking to social media platform 'X', the Union Minister hailed the milestone as a testament to the company's resilience and commitment. "This milestone is a shining example of Oil India Ltd's resilience, resolve and responsibility in delivering energy under challenging frontier conditions," Puri posted on Monday. He further said, "I commend the relentless efforts of the Oil India team, who brave extreme situations daily to ensure stable energy flow. Every hydrocarbon molecule produced brings us closer to energy security and self-reliance," he added. Oil India has begun production from the DSF-III (Discovered Small Field) block in Bakhri Tibba. The operation is situ
Gas major GAIL eyes expansion in US LNG sourcing as Q4FY25 net profit stays flat at ₹2,492 crore; receives five proposals tied to equity stakes and long-term supply
The board of directors have recommended the final dividend of ₹1 per equity share
While CGDs say profitability will be hit, officials said the move is in line with stated policy positions
The government has cut the supply of lower-cost APM gas to city gas distributors such as Indraprastha Gas Ltd, Mahanagar Gas Ltd, and Adani Total Gas Ltd, by up to 20 per cent, replacing the shortfall with more expensive fuel. GAIL (India) Ltd, the state-owned nodal agency for gas supply, has intimated about a cut in supply of gas from legacy fields, called Administered Price Mechanism (APM) gas, the three city retailers said in separate stock exchange filings. The production of APM gas, which is currently priced at USD 6.75 per million British thermal unit, is declining at the rate of 9-10 per cent annually as recovery from old and ageing fields falls. Oil and Natural Gas Corporation (ONGC) is investing in drilling more wells to maintain the output, but that additional cost is reflected in a higher price of the gas thus produced. Such gas is called new well gas and is priced at about USD 8 per mmBtu. In the last one year, APM gas supplies to city gas retailers have been cut by alm
India's largest gas distributor GAIL has invited initial bids from companies as it seeks to buy equity in an existing LNG liquefication project or a new project that would be commissioned by 2030