Companies

IGL hearing adjourned to May 3

| Updated on: Apr 19, 2012

The hearing on Indraprastha Gas Ltd's (IGL) petition in Delhi High Court challenging the order of Petroleum Natural Gas Regulatory Board (PNGRB) on network tariff and compression charge has been adjourned to May 3.

Mr M. Ravindran, Managing Director, IGL, said that since the matter is sub-judice, IGL would await the court ruling before taking any decision regarding implementing the impugned order of the Board.

If rates notified by PNGRB are to be immediately implemented by IGL, it would result in lower consumer tariff. Besides, PNGRB had assured the court in the first hearing on April 11 that it will not take any coercive action against IGL (since the matter is sub-judice), the company said. PNGRB has not filed any written submissions as directed by the court in the first hearing.

Published on March 12, 2018

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

COMMENTS
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you