Never miss a story

Get subscribed to our newsletter


×
Photo Credits: www.indiatvnews.com

New Delhi: Companies supplying gas are now free to fix their own tariff with the Supreme Court turning down a plea by the Petroleum and Natural Gas Regulatory Board (PNGRB) seeking power to regulate prices of intra-city supplies on Wednesday.

An apex court bench, headed by Justice Dipak Misra, dismissed a PNGRB plea seeking control over the supply of gas by different companies, including Indraprastha Gas Limited, within cities.



The Board contended that even if it was not fixing maximum retail prices of gas. IGL and other gas companies should provide the documents related to intra-city supplies, so that it could post on its website the MRP the consumers should pay.

IGL refused to share these details with the Board.

The PNGRB challenged in the apex court a decision of Delhi High Court on June 1, 2012, which quashed the board’s order on network tariff and compression charge.

The high court held that PNGRB was not empowered to fix or regulate maximum retail price at which gas was to be sold by IGL to its consumers.

The high court also said that the Board was not empowered to fix any component of network tariff or compression charge for any entity like IGL having its own distribution network, while quashing PNGRB order dated April 9, 2012, fixing maximum retail price and requiring IGL to disclose the network tariff and compression charges to its customers.

PNGRB asked IGL in 2012 to reduce network traffic by 63 percent and ordered the company to refund the difference to customers with retrospective effect from April 1, 2008.

Among the transport fuels, compressed natural gas (CNG) has become 27 percent cheaper than diesel after reduction in natural gas prices from April 1 to 4.66 per million British thermal units (mBtu).


Photo Credits: www.indiatvnews.com

After the government’s latest gas price revision, IGL cut the CNG rate to Rs.37.55 per standard cubic metre (scm).

Before the reduction, piped natural gas (PNG) was five percent costlier than subsidized cooking gas.

While announcing the cut in CNG and PNG prices on April 1, IGL said that at the revised price, the economics in favour of CNG would be over 22 percent compared to diesel-driven vehicles.

CNG also works out nearly 55 percent cheaper on running cost when compared to petrol-run vehicles.

IGL caters for about 800,000 CNG vehicles in the national capital region, including 520,000 private cars.

(IANS)


Popular

Photo found on Google Images

Savitribai Khanolkar, the designer of Param Vir Chakra

Eve Yvonne Maday de Maros, the woman who designed the Param Vir Chakra, was born in 1913 in Neuchatel, Switzerland. It was believed that she came to India to understand the country's culture and tradition.

She got to know about India's spiritual and cultural wealth at a very early age through holistic education which she received. Soon, Eve Yvonne fell in love with a Maharashtrian named Vikram Khanolkar, who was a young army officer, and was undergoing training at the Royal Military Academy in the United Kingdom.

Keep Reading Show less
Photo by Adam Winger on Unsplash

The whole salon environment at home believes that services at home are undoubtedly the best option during the unusual crisis.

In this world full of technological advancement where everything is now home-delivered, even the most essential beauty services are now available at your doorstep? Let the pampering sessions begin. The whole salon environment at home believes that services at home are undoubtedly the best option during the unusual crisis.

IANSlife brings you the co-founder of YES MADAM, Mayank Arya who speaks of the benefits of at-home salon services.

Comfort
We all prefer comfort over anything and everything. Nothing is more comfortable than getting everything under your own roof. One of the most amazing perks of subscribing to an at-home salon service provider is that you can watch your favourite TV show or OTT series while having your hair treated or nails done. Amidst, Covid-19 and working from home some of the beauty services can be taken simultaneously. Getting beauty services at your home keeps you relaxed and calm. During festivals when you are already busy the on-demand salon services can do wonders for your mind, body and soul.

woman lying on sofa Nothing is more comfortable than getting everything under your own roof. | Photo by Inside Weather on Unsplash

Keep Reading Show less
Photo by Helena Lopes on Unsplash

India has been ranked 139 out of 149 countries in the list of UN World Happiness Report 2021.

By Aishwarya Jain

According to the World Happiness Report 2021 which was released by the UN Sustainable Development Solutions Network, Finland was once again crowned as the world's happiest country. India has been ranked 139 out of 149 countries in the list of UN World Happiness Report 2021. To make society happy, firstly it is really important to spread awareness on how it is okay to relax, chill and take a break. People tend to normalise overworking, which is so wrong. Of Course, we need a job to live and sustain ourselves but you shouldn't be working yourself to death, and the fact that this is seen as normal is really worrying. You spend more hours at work than you do awake at home, so if those hours are drenched in misery then sadness basically becomes the norm. A study from Gallup (2017) found that happier employees were more engaged, which resulted in improved customer relationships, and a 20 percent increase in sales.

Also, lowering down the crime level would act as a major factor towards a happy society. People who witness crimes, or come across evidence of a crime in their local area, can suffer anxiety and may feel demoralised or powerless. We should also teach them to stop judging people by materialistic things and accept everyone with all their flaws. Media plays an important role in making society happy because they have the power of reaching out to billions of people and helping them out through a solution-based approach.

woman in black shirt smiling beside woman in black shirt Media plays an important role in making society happy because they have the power of reaching out to billions of people and helping them out through a solution-based approach. | Photo by Dave Goudreau on Unsplash

Keep reading... Show less