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News On Air | Unified Tariffs in the Natural Gas Sector to come into effect from tomorrow

Mar 31,2023

Prime Minister Narenda Modi today hailed the decision of implementation of levelized Unified Tariffs in the Natural Gas Sector stating it a noteworthy reform in energy and gas sector.

On the line of One Nation, One Grid and One Tariff the levelized Unified Tariffs in the Natural Gas Sector will come into effect from tomorrow.

The Natural Gas Regulatory Board (PNGRB) has already issued the notification in this regard and it will be implemented in the entire gas network of the country which has been categorized into three tariff zones. These zones are based on their distance from the gas source.

The Regulatory Board has said that the levelized Unified tariff will be 73.93 rupees per MBTU (Metric Million British Thermal Unit).

According to PNGRB the new initiative will provide a major boost to economic development of all regions of the country.

The PNGRB remarked that the consumers located in far-flung areas will benefit.  Currently, in the country an additive tariff is applicable.

Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that the new tariff regime will facilitate the development of gas markets and vision of the government to increase gas utilization in the country.