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 ...
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 ...
Introduction: The Gas Crisis Unfolds The landscape of city gas distribution in India is currently shrouded in uncertainty as two major players, Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL), grapple with significant challenges stemming from recent cuts in natural gas allocations. As the government re-evaluates its administered price mechanism (APM) route, the implications ...
