IGL does not pass on price cut to customers: Should this be regulated?
Jan 02:
Indraprastha Gas has passed on only a part of the benefit of APM gas price reduction to end consumers 8As a result, the company's EBITDA margins have increased 8Cheap domestic gas supply is guaranteed to CGD companies 8What is more, gas enjoys a low indirect taxation regime compared to petrol and diesel 8But with Euro-VI emission norms, the emission distortion between gas and liquid transportation fuels will merge, forcing the government to rethink its policy to subsidize the use of gas. 8Then again, is there a need to regulate the end prices charged by CGD companies? Click on Reports for more