mahanagar gas allocation of Administrative Price Mechanism (APM) natural gas has been cut by 18%
MGL The company’s allocation of Administrative Price Mechanism (APM) natural gas has been cut by 18%, effective April 16, compared to the allocation from the previous fortnight. The reduced APM volume will be substituted with New Well/Well Intervention Gas (NWG). This decrease in APM gas allocation is anticipated to negatively affect profitability. However, the company is actively exploring various strategies to minimize the impact.
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