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The Delhi High Court has fixed April 19 as the date for the final hearing on Indraprastha Gas Ltd's (IGL) plea challenging the order of the Petroleum Natural Gas Regulatory Board (PNGRB) on network tariff and compression charge.
“The matter was taken up on Wednesday by the High Court and it has issued notice to PNGRB, considering the important question of law in the matter,” an IGL official said.
If PNGRB notified rates are to be immediately implemented by IGL, it would result in lower consumer tariff. The company has approached the Delhi High Court challenging the constitutionality and legality of the powers of the Board to fix the tariff.
IGL would await the court's ruling before taking any decision regarding implementing the order of the Board.
The PNGRB order has various facets, some of which will be challenged before the Appellate Tribunal for Electricity as well. There are many issues in the order of the Board which needs clarification, on which IGL will have to await the response of PNGRB before the court during the next hearing, the company said.
“We expect the Board not to take any coercive action against IGL as assured in the Court,” it said.
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