MoneyWorks4Me

GAIL (India) revises upwards domestic gas allocation to IRM Energy

10 Jan 2025 Evaluate

GAIL (India) has revised upwards domestic gas allocation to IRM Energy by 29% with effect from January 16, 2025. This revision will increase the share of domestic gas in IRM Energy’s CNG segment from 37% to 51%. The said revision shall have a positive impact on profitability of the company. 

IRM Energy provides piped natural gas (PNG) and compressed natural gas (CNG). It has operations in states including Gujarat, Punjab and Tamil Nadu. 


Peers
Company Name CMP
Petronet LNG 286.50
Linde India 6238.85
IRM Energy 257.40
Steamhouse India 106.30
Nilachal Carbo Metal 120.00
View more..