Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
APM gas price cut likely to aid city gas profitability
Financial Express Hyderabad
|June 06, 2025
The recent reduction in prices of domestic gas is likely to improve profitability of the country's city gas distribution companies, analysts believe.
"If prices (of CNG/PNG) are not revised then profitability will only improve because lately it has been impacted owing to reducing proportion of the APM (Administered Pricing Mechanism) gas," said Prashant Vasisht, senior vice-president and co-group head, Icra.
The government reduced the prices of APM gas for the first time in two years following a decline in the benchmark rates after it introduced a new gas pricing formula for such gas in 2023.
As per the official notification, the price of natural gas from legacy fields allocated to state-owned Oil and Natural Gas Corp has been reduced to $6.41 per million British thermal units (mmBtu) from $6.75 earlier.
This story is from the June 06, 2025 edition of Financial Express Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Hyderabad
Financial Express Hyderabad
Pulses imports likely to fall 45% in FY26
INDIA'S PULSES IMPORTS in the current fiscal are likely to decline by 45% to around 4 million tonne (MT) in FY26, from a record 7.34 MT in 2024-25, trade sources said citing adequate carry forward stocks and robust crop prospects.
1 mins
December 20, 2025
Financial Express Hyderabad
Adani gives wings to airport biz with ₹1L-cr investment
ADANI AIRPORTS HOLDINGS (AAHL) plans to invest around ₹1 lakh crore over the next five years across airport infrastructure, terminals and city-side development.
1 min
December 20, 2025
Financial Express Hyderabad
Delhi govt schools choke, private ones turn to air filters
IN THE NURSERY section of an elite South Delhi school this week, the head of Junior School conferred urgently with a class teacher whose students had left the room for a few minutes at the change of periods.
2 mins
December 20, 2025
Financial Express Hyderabad
Piramal Finance exits Shriram Life for ₹600 cr
PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.
1 min
December 20, 2025
Financial Express Hyderabad
Funds for rural roads scheme see gross underutilisation
STATES’ SPENDING CAPACITY LIMITED
2 mins
December 20, 2025
Financial Express Hyderabad
SAT eases curbs, grants partial relief to Sathe
THE SECURITIES APPELLATE Tribunal (SAT) on Friday granted partial relief to Avadhut Sathe Trading Academy, allowing the entity to withdraw money to meet its routine expenses.
1 mins
December 20, 2025
Financial Express Hyderabad
Funds grapple with paucity of accredited investors
Sebi panel aims to ease investor accreditation process
2 mins
December 20, 2025
Financial Express Hyderabad
Advance taxes grow 4.3% in Q3
Apr-Dec direct tax mop-up rises 8% on lower refunds
1 min
December 20, 2025
Financial Express Hyderabad
'New labour codes a game changer, suited to economy'
THE FOUR NEW labour codes passed by Parliament are a game-changer and well suited to a dynamic economy, Labour and Employment Secretary Vandana Gurnani said on Friday.
1 min
December 20, 2025
Financial Express Hyderabad
'English would not touch hearts in anti-elite era'
OVER THE YEARS, stand-up comedian Zakir Khan has broken ceilings and defied norms.
3 mins
December 20, 2025
Listen
Translate
Change font size