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Gail’s challenges escalate with adverse tariff decision
Mint Bangalore
|December 03, 2025
A tariff setback and stubborn LNG prices have once again rattled Gail India investors.
Gail (India) Ltd’s shares slipped 5% after the Petroleum and Natural Gas Regulatory Board (PNGRB) set an interim transmission tariff of ₹65.7 per mmBtu (million British thermal units)—12% higher than current charges but well below Gail’s proposed 378 per mmBtu.
The regulator has once again left out certain cost components to prevent steep hikes for customers, echoing the 2023 revision that also undershot the company’s submission.
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