{"id":361614,"date":"2020-07-07T11:02:51","date_gmt":"2020-07-07T05:32:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361614"},"modified":"2020-07-07T11:02:51","modified_gmt":"2020-07-07T05:32:51","slug":"why-proposed-change-in-gas-tariff-calculation-would-impact-gails-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-proposed-change-in-gas-tariff-calculation-would-impact-gails-earnings\/","title":{"rendered":"Why proposed change in gas tariff calculation would impact GAIL&#8217;s earnings"},"content":{"rendered":"<p>The new gas tariff proposal based on the cumulative transmission capacity is expected to prune GAILNSE -1.45 % (India)\u2019s earnings by over 25%. This together with lower domestic gas demand due to economic slowdown may affect its stock in the near term. It has underperformed the Nifty Energy index by 6% in the past three months.<\/p>\n<p>In the last week of June, the Petroleum and Natural Gas Regulatory Board (PNGRB) proposed a new gas tariff structure wherein the volume divisor in the tariff equation will be based on the total gas transmission capacity of a company. The volume divisor helps in ascertaining the utilisation rate of the pipeline depending upon its age.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new gas tariff proposal based on the cumulative transmission capacity is expected to prune GAILNSE -1.45 % (India)\u2019s earnings by over 25%. This together with lower domestic gas demand due to economic slowdown may affect its stock in the near term. It has underperformed the Nifty Energy index by 6% in the past three months. In the last week of June, the Petroleum and Natural Gas Regulatory Board (PNGRB) proposed a new gas tariff structure wherein the volume divisor in the tariff equation will be based on the total gas transmission capacity of a company. The volume divisor helps [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-361614","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=361614"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361614\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}