Try GOLD - Free
Urban gas consumers to benefit from low pipeline tariffs
Financial Express Bengaluru
|July 05, 2025
The Petroleum and Natural Gas Regulatory Board (PNGRB) on Friday announced a simplified pipeline tariff structure—a move expected to reduce transportation costs for city gas distribution (CGD) companies and potentially improve their profit margins.
Following the announcement, shares of Indraprastha Gas (IGL) and Mahanagar Gas (MGL) rose. IGL's stock closed at 226.25 per share on Friday, up 3.22% from its previous close. MGL's shares ended at 1,542.20, marking a 2.27% gain.
The regulator has amended the Natural Gas Pipeline Tariff Regulations 2025, reducing the number of Unified Tariff Zones from three to two. These amendments aim to simplify the tariff and market structure, promote the use of cleaner fuels, and help build an inclusive gas-based economy, according to PNGRB.
This story is from the July 05, 2025 edition of Financial Express Bengaluru.
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 Bengaluru
Financial Express Bengaluru
Rupee breaches 96 for the first time
THE INDIAN RUPEE breached the 96 mark for the first time on Friday amid rising oil prices and a strengthening dollar, market participants said.
1 mins
May 16, 2026
Financial Express Bengaluru
Airtel, Jio clash over FAST TV regulation
A REGULATORY BATTLE is brewing between rivals Bharti Airtel and Reliance Jio over how the Telecom Regulatory Authority of India (Trai) should govern free ad-supported streaming television (FAST) platforms.
2 mins
May 16, 2026
Financial Express Bengaluru
Copper prices ease further
COPPER PRICES FELL marginally by 27 paise to ₹1,375.40 per kilogram in the futures trade on Friday, amid muted demand in the domestic spot market.
1 min
May 16, 2026
Financial Express Bengaluru
MFs raise cash holding by ₹14,540 cr in April
More than half of fund houses turn cautious
1 min
May 16, 2026
Financial Express Bengaluru
China to buy 200 Boeing jets, much lower than expected
TRUMP’S COMMENTS MARKED THE CLEAREST SIGNAL OF A MAJOR POST-SUMMIT DEAL
1 mins
May 16, 2026
Financial Express Bengaluru
Onion glut drives decline in prices
AMID A SHARP decline in onion prices due to bumper production and disruptions in exports to Gulf countries caused by the West Asia conflict, government agencies on Friday began procuring onions from farmers under the Price Stabilisation Fund (PSF).
1 min
May 16, 2026
Financial Express Bengaluru
Cost pressures stoke fresh demand worries for India Inc
CORPORATE INDIA IS preparing for another bout of inflationary pressure after the government’s latest increase in petrol and diesel prices, a move industry executives fear will sharply raise freight and logistics costs at a time when companies are already struggling with elevated packaging expenses linked to the Iran war.
2 mins
May 16, 2026
Financial Express Bengaluru
How an EV returned a whopping 89 km/litre
WE DROVE KIA’S CLAVIS ICE AND EV, AND DID THE MATH
2 mins
May 16, 2026
Financial Express Bengaluru
Tencent back in India with ₹10-crore gaming push
SIGNALLING A THAW in regulatory headwinds that had kept Chinese technology firms cautious about expanding in India, gaming and technology giant Tencent on Friday announced a commitment of over ₹10 crore in curriculum development, industry training and mentorship towards advancing India’s orange economy.
1 min
May 16, 2026
Financial Express Bengaluru
Fuel prices raised after 4 years; OMC losses persist
Economists say hike may push up retail inflation by 12-20 basis points
2 mins
May 16, 2026
Listen
Translate
Change font size