CGDs key beneficiaries if new gas price recommendations are approved
- Falling domestic gas and spot LNG (liquified natural gas) prices are positive for Indraprastha Gas, Mahanagar Gas, Gujarat Gas
The recommendations of a government-appointed panel for reviewing prices of natural gas, headed by Kirit Parikh, if approved by the Cabinet, could accrue gains for city gas distribution (CGD) companies, according to analysts.
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