8 September 2020 Oil & Gas Prior to the National Green Tribunals (NGT) mandate to ban coal gasifiers at Morbi, GUJGAs margins and volumes were highly volatile. This was primarily driven by competition from coal gasifiers. However, post the NGTs ban, the companys volumes and margins (excluding one off in 1QFY21) stabilized. The low LPG prices have enabled few consumers to install LPG equipment at their premises. The total installed capacity currently stands at ~0.6mmscmd for LPG. usage during the monsoons increases to ~0.6mmscmd, while it stands at ~0.3mmscmd for the rest of the year (forming merely ~3-4% of total volumes). Gujarat Gas Since the implementation of the blanket ban on coal gasifiers at Morbi, total industrial sales have increased. Combined with that, BG volumes have also come down slightly from 2.5mmscmd to 2.2mmscmd (the company currently has 3.2mmscmd of long-term contracts).