New Delhi The Supreme Court on Thursday issued notice to Delhi’s gas utility Indraprastha Gas Ltd (IGL) and the Centre on a petition challenging the Delhi High Court judgment that held that petroleum and natural gas regulator PNGRB has no jurisdiction to fix rates or regulate gas tariffs.
A bench headed by Justice KS Radhakrishnan sought reply from the ministry of petroleum and natural gas and IGL on PNGRB plea alleging that “the HC failed to note that it had not fixed the maximum retail price but only sought to fix the network tariff and compression tariff charges representing cost of transportation which are completely different. The latter is only one of the many components of the former’’.