We were expecting tariff to be Rs 5-6 more than what PNGRB approved, will go back for review: Rakesh Kumar Jain, GAIL

“We were expecting the tariff to be at least Rs 5-6 more than what PNGRB has approved. PNGRB has considered fuel gas price for internal consumption at $3.61 for APM gas price and approximately $6.98 for STHP price, which is substantially low even if we compare with the current price and even if we compare it with the likely price based on the Kirit Parikh Committee report. This issue alone has an impact of Rs 5 and 76 paisa, “says Rakesh Kumar Jain, Director – Finance, GAIL