Have power to frame CNG tariff rules, regulator tells court
New Delhi, April 22 (IANS) The Petroleum and Natural Gas Regulatory Board Tuesday told the Delhi High Court that it has the power to frame tariff regulations for Indraprastha Gas limited (IGl) that distributes compressed natural gas in Delhi and adjoining region.
IGl had moved court contending that the regulatory board did not give it a hearing and calculated the tariff, announced April 9, on the basis of the 2008 price levels for various inputs and charges.
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