Gujarat Gas hikes prices, to charge Rs 106/scm on volumes above 5.5-6 mmscmd

Gujarat Gas is buzzing in trade today. Chanel checks are suggesting that it will be taking a price hike and this time around it will be quite steep. So for volumes above 5.5 to 6 mmscmd, Gujarat Gas will be taking a price hike of almost Rs 45 rupees per scm. So now it will be selling to the industrial segment at Rs 106 per scm that is a sharp increase from current levels. This is for morbi ceramic customers that is the cluster that caters to the industrial segment.