Apr 19: Gujarat Petronet Ltd's gas transmission volume should grow by a CAGR of 8.3% in FY17-19 to 30 mmscmd. 8Majority of the incremental volume is expected to come from: 8Pick up in ceramic volumes on addition of new vitrified tiles capacity 8Rising CGD penetration in Gujarat 8Demand from refining industry on favorable LNG prices versus alternative fuels 8Expansion in LNG terminals like Dahej and Mundra. 8Clarity on long awaited transmission tariff is expected in a couple of months due to the recent addition of new members on the board of PNGRB which would now help to form a quorum needed to take decisions. 8Based APTEL directive and GAIL’s tariff order, we expect transmission tariff to increase by 15% on an average which will act as a catalyst in addition to volume growth and drive earnings growth by a CAGR of 19% during FY16-19. Click on Reports for more