The Petroleum and Natural Gas Regulatory Board (PNGRB) has decided to challenge the order of the Delhi High Court that had struck down its order on rates and compression charges of Indraprastha Gas Ltd (IGL), the monopoly supplier in this city. It will shortly file an appeal in the Supreme Court.
“The Board has gone through the judgement. A decision has been taken to appeal,” S Krishnan, chairman of the Board, told Business Standard. In early April, PNGRB had passed an order directing IGL to reduce prices for its consumers in Delhi with immediate effect, after factoring in the reductions in both network rates (for compressed natural gas, piped natural gas and industrial consumers) and the compression charges levied only on CNG