GAIL updates biogas pricing and transport charges under CBG scheme
GAIL (India) Limited has revised how it calculates prices for biogas and compressed biogas (CBG) under the CBG-CGD synchronisation scheme. The update follows the Ministry of Petroleum and Natural Gas’s (MoP&NG) supply guidelines dated April 9, 2021. Under the revised method, the biogas procurement price will now be set at 85 percent of the average retail selling price (RSP) of compressed natural gas slabs. This is an increase from the earlier benchmark of 80 percent….