Sui Northern Gas (SNGP): OGRA allows 88% of the requested finance cost as pass through in FY23 Motion for review – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In a positive development, OGRA has allowed 88% of the requested finance cost of FY23 as pass through in Motion for review of Final Revenue Requirement filed by SNGP.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To highlight, previously OGRA pend the finance finance cost as pass through in FY23 till provision of independent auditor certificate for FY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">OGRA has now allowed the 88% of finance cost after SNGP submitted Independent Auditors certificate and based on understanding between authorities communicated as per Mar 15, 2023 directives, that finance cost will be allowed to company to the extent ...