ioc: India Oil Corp submits rate revision request for its Da

ioc: India Oil Corp submits rate revision request for its Dadri-Panipat natural gas pipeline


Synopsis
The tariff proposed by the company is lower than the pipeline’s current tariff of Rs 16.46 per mmBtu, which the PNGRB had determined for three years ending March 2021. The current tariff is much lower than Rs 38.45 the company had proposed to the regulator.
The 132-km-long pipeline has an economic life of 30 years extending to 2040 and a capacity of 9.5 million metric standard cubic meters a day (mmscmd).
India Oil Corp has sought a rate of Rs 14.59 per mmBtu for its Dadri-Panipat natural gas pipeline in its tariff revision plea filed with the Petroleum and Natural Gas Regulatory Board, which will take a final call after wider consultation.

Related Keywords

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