GAIL (India) Ltd extends slide - Business Standard
· Business · Business Standard
GAIL (India) Ltd has extended the price slide on its natural gas sales for the current fiscal quarter. The move aims to provide financial relief to industrial consumers facing volatile global energy markets. The state-run gas company has adjusted its pricing to support domestic demand while maintaining a competitive edge compared to international benchmarks. This decision follows a period of similar price adjustments intended to sustain high consumption levels across the manufacturing sector.
Why it matters
Lower natural gas prices reduce operational costs for Indian manufacturing and power plants, potentially boosting industrial growth.
Read the original report — Business Standard
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