{"id":38211,"date":"2015-07-01T11:01:33","date_gmt":"2015-07-01T11:01:33","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=38211"},"modified":"2015-07-01T11:01:33","modified_gmt":"2015-07-01T11:01:33","slug":"sc-dismisses-plea-on-fixing-price-of-natural-gas","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/sc-dismisses-plea-on-fixing-price-of-natural-gas","title":{"rendered":"SC dismisses  plea on fixing price of natural gas"},"content":{"rendered":"<figure id=\"attachment_37788\" aria-describedby=\"caption-attachment-37788\" style=\"width: 289px\" class=\"wp-caption alignright\"><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/supreme.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"37788\" data-permalink=\"https:\/\/www.legalindia.com\/news\/sc-declines-to-hear-plea-on-communal-clash\/supreme-4\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/supreme.jpg?fit=289%2C175&amp;ssl=1\" data-orig-size=\"289,175\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"supreme\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/supreme.jpg?fit=289%2C175&amp;ssl=1\" class=\"wp-image-37788 size-full\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/supreme.jpg?resize=289%2C175&#038;ssl=1\" alt=\"SC dismisses  plea on fixing price of natural gas\" width=\"289\" height=\"175\" \/><\/a><figcaption id=\"caption-attachment-37788\" class=\"wp-caption-text\">SC dismisses plea on fixing price of natural gas<\/figcaption><\/figure>\n<p>The Supreme Court on Wednesday dismissed the appeal ofPNGRB against a Delhi High Court decision by which the regulator&#8217;s order of fixing the prices of CNG and PNG in Delhi and adjoining areas was quashed.<\/p>\n<p>A bench headed by Justice Dipak Misra rejected the appeal of Petroleum and Natural Gas Regulatory Board (PNGRB) that it had the the right to determine prices of compressed natural gas (CNG) and piped natural gas (PNG).<\/p>\n<p>On June 1, 2012, the High Court had set aside the April 9, 2012 order of PNGRB, which had slashed the network tariff and compression charges for CNG distributed byIndraprastha Gas Limited (IGL) in the capital and adjoining areas, terming it as &#8220;illegal&#8221;.<\/p>\n<p>The High Court had said the PNGRB was not &#8220;empowered&#8221; to fix or regulate the maximum retail price (MRP) at which the gas is to be sold by retailers.<\/p>\n<p>&#8220;The board is also not empowered to fix any component of network tariff or compression charge for an entity such as the petitioner (IGL), having its own distribution network. The provision of the regulations, so far as construed by the board to be so empowering it, is held to be bad\/illegal,&#8221; the court had said.<\/p>\n<p>The Delhi court&#8217;s order came on a plea by IGL arguing that the PNGRB did not give it a hearing and calculated the tariff on the basis of the 2008 price levels for various inputs and charges.<\/p>\n<p>IGL had pleaded against the regulatory board&#8217;s decision to regulate its network tariff and selling price.<\/p>\n<p>PNGRB, in its order, had asked IGL to cut down its network tariff by 63% with retrospective effect. It had also asked the company to refund the difference to its customers for the period from April 1, 2008 till the date of issuance of order for CNG and piped gas.<\/p>\n<p>The regulator had ordered the company to reduce its network tariff by 63 per cent to Rs 38.58 per Million British Thermal Units (mmBtu) as against Rs 104.05 per mmBtu sought by the company.<\/p>\n<p>It had also cut compression charge for CNG by 59% to Rs 2.75 per kg from Rs 6.66 per kg proposed by the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Wednesday dismissed the appeal ofPNGRB against a Delhi High Court decision by which the regulator&#8217;s order of fixing the prices of CNG and PNG in Delhi and adjoining areas was quashed. A bench headed by Justice Dipak Misra rejected the appeal of Petroleum and Natural Gas Regulatory Board (PNGRB) that it [&hellip;]<\/p>\n","protected":false},"author":38299,"featured_media":37788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[229,31987,33223,117,47765,33224,33222],"class_list":["post-38211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-delhi","tag-featured","tag-gas","tag-law","tag-news","tag-plea-on-fixing-price-of-natural-gas","tag-sc-dismisses-plea-on-fixing-price-of-natural-gas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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The state government said the court had directed that the central government\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"supreme court","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/supreme-court-150x90.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":31516,"url":"https:\/\/www.legalindia.com\/news\/court-notice-government-plea-cng-price-hike","url_meta":{"origin":38211,"position":2},"title":"Court notice to government on plea against CNG price hike","author":"Legal India Admin","date":"January 3, 2014","format":false,"excerpt":"The Delhi High Court Thursday issued notice to the central and Delhi governments on a petition filed by Delhi Contract Bus Association challenging the recent steep Rs. 4.50 a kg hike in CNG price. Justice Manmohan sought response from the petroleum ministry and the Delhi government through Indraprastha Gas Limited\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"bb","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/01\/bb1-150x92.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":20335,"url":"https:\/\/www.legalindia.com\/news\/have-power-to-frame-cng-tariff-rules-court","url_meta":{"origin":38211,"position":3},"title":"Have power to frame CNG tariff rules: court","author":"Legal India Admin","date":"May 23, 2012","format":false,"excerpt":"Petroleum and Natural Gas Regulatory Board Petroleum and Natural Gas Regulatory Board on Tuesday told the Delhi High Court that it has the power to frame tariff regulations for Indraprastha Gas Limited (IGL) that distributes compressed natural gas (CNG) and piped gas in Delhi and adjoining region. IGL had moved\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20357,"url":"https:\/\/www.legalindia.com\/news\/court-reserves-order-on-cng-price-cut","url_meta":{"origin":38211,"position":4},"title":"Court reserves order on CNG price cut","author":"Legal India Admin","date":"May 24, 2012","format":false,"excerpt":"\u00a0 The Delhi High Court Thursday reserved its verdict on a plea by Indraprastha Gas Ltd. (IGL) to stay a regulator's order to cut CNG price in the national capital and refund the excess amount charged from consumers since 2008. The petitioner had moved court contending that the Petroleum and\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29725,"url":"https:\/\/www.legalindia.com\/news\/plea-in-sc-questions-natural-gas-pricing","url_meta":{"origin":38211,"position":5},"title":"Plea in SC questions natural gas pricing","author":"Legal India Admin","date":"August 16, 2013","format":false,"excerpt":"The Supreme Court was moved Wednesday seeking quashing of the government's recent decision hiking natural gas prices from April 2014 and direction to the government to cancel the production-sharing contract with Reliance Industries and NIKO Resources related to the Krishna-Godavari basin block. The public interest litigation, filed by NGO Common\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"natural gas","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/natural-gas-200x250.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-9Wj","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/38211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/38299"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=38211"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/38211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/37788"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=38211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=38211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=38211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}