Articles for tag: Administered Price Mechanism, City Gas Distribution, Indraprastha Gas Limited, Mahanagar Gas Limited, Natural Gas Allocation

Admin

Administered Price MechanismCity Gas DistributionIndraprastha Gas LimitedMahanagar Gas LimitedNatural Gas AllocationUncategorized

Gas Allocation Crisis: How IGL’s Dramatic Cuts Could Reshape the Future of CNG Prices in India

Unraveling the Gas Allocation Cuts: What’s Happening to IGL? In a shocking turn of events, Indraprastha Gas Limited (IGL) has been hit hard by significant cuts in its natural gas allocation under the administered price mechanism (APM). Starting from October 16, 2024, IGL has experienced a staggering 36.8% reduction in its APM gas allocation. This ...

Admin

Administered Price MechanismCity Gas DistributionGas PredicamentIndraprastha Gas LimitedIntroductionUncategorized

IGL’s Gas Allocation Crisis: Are We on the Brink of a CNG Price Surge?

Introduction: The Gas Predicament In a shocking turn of events, Indraprastha Gas Limited (IGL), one of India’s premier City Gas Distribution (CGD) companies, has found itself navigating through turbulent waters. The recent announcement regarding a substantial 20% reduction in gas allocation under the Administered Price Mechanism (APM) has raised eyebrows across the industry, with potential ...