For Quick Alerts
For Daily Alerts

GAIL continues to supply natural gas to Haryana City Gas Distriution

By Religare

With reference to the reports in media that GAIL (India) Ltd. has stopped supply of natural gas to Haryana City Gas Distribution Ltd. (HCGDL), the state-run gas major has submitted its clarification in a filing to the Bombay Stock Exchange.

In the clarification, GAIL (India) has said that it has not stopped supply of natural gas to HCGDL, and is even currently supplying 0.025 mmscmd of natural gas to Haryana-based firm.


Moreover, HCGDL was also being supplied 0.25 mmscmd of natural gas by Indraprastha Gas Ltd. (IGL) under Administered Pricing Mechanism (APM) via GAIL's pipeline network.

However, on May 17, 2013, IGL informed GAIL that it will not procure any natural gas under APM for HCGDL as it has stopped making payments against the gas supplied to it, the filing stated.

Accordingly, the APM gas supply to HCGDL has been stopped from May 20, 2013. Nevertheless, GAIL continues to supply 0.025 mmscmd of gas to HCGDL, for which it has a separate contract, the filing added.

Read more about: gail india
Story first published: Friday, May 24, 2013, 13:31 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more