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PNGRB DECISION AIMED AT SAFEGUARDING CUSTOMERS, SAY GAIL stock slides as tariff hike lags expectations
Financial Express Pune
|November 29, 2025
THE PETROLEUM AND Natural Regulatory Gas Board on Thursday revised transmission tariffs for state-run GAIL to % 65.69 per Million Metric British Thermal Unit (MMBtu), up 12% against the current tariff of €58.6 per MMBtu.
The tariff of Integrated Natural Gas Pipeline (INGPL) will come into effect starting January 1, 2026.
The order stated that truing up of all other factors such as actual opex and capex, future opex and capex, transmission loss, working days, revenue sharing adjustments etc. and other amendments as per regulations, shall be done in the next tariff review exercise in FY28 and take effect from April 1, 2028.
Following the development, shares of GAIL fell over 6% in early trading on Friday. The revised tariffs are lower than 78 per MMBTU sought by the company.
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