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Kejriwal's gas price charges: A primer

process of allocating natural gas and its pricing has come into focus following allegations of irregularities levelled by Delhi Chief Minister Arvind Kejriwal.What are the factors in consideration here?Extant price mechanism under the administered price mechanism for gas produced by state-run oil companies is that fixed since June 1 2010 at$4.2 per million metric British thermal unit (mbtu), inclusive...
Source : Chennaionline |
Category : Headlines | City : New Delhi

Kejriwal's gas price charges: A primer

process of allocating natural gas and its pricing has come into focus following allegations of irregularities levelled by Delhi Chief Minister.What are the factors in consideration here?Extant price mechanism under the administered price mechanism for gas produced by state-run oil companies is that fixed since June 1 2010 at$4.2 per million metric British thermal unit (mbtu), inclusive of royalty.The...
Source : Prokerala |
Category : Business | City : National

Kejriwal's gas price charges: A primer

process of allocating natural gas and its pricing has come into focus following allegations of irregularities levelled by Delhi Chief Minister Arvind Kejriwal.Extant price mechanism under the administered price mechanism for gas produced by state-run oil companies is that fixed since June 1 2010 at$4.2 per million metric British thermal unit (mbtu), inclusive of royalty.The producer was free to market...
Source : Newkerala |
Category : National | City : New Delhi

Arvind Kejriwal's gas price charges: A primer

process of allocating natural gas and its pricing has come into focus following allegations of irregularities levelled by Delhi Chief Minister Arvind Kejriwal.What are the factors in consideration here?Extant price mechanism under the administered price mechanism for gas produced by state-run oil companies is that fixed since June 1 2010 at$4.2 per million metric British thermal unit (mbtu), inclusive...
Source : Headlinesindia |
Category : Headlines

Gujarat set to get cheaper CNG, PNG

The uncertainty over the reduced prices of compressed and piped natural gas for vehicular and domestic use is over as Gujarat government and the Central government owned GAIL has reached an agreement on a cheaper administered price mechanism on the lines of Delhi and Mumbai. The fall in prices in Gujarat follows a Supreme Court order. The CNG will be cheaper by Rs 10.10 per kilogram while the prices...
Source : Times Of India |
Category : City | City : Gandhinagar

In South Gujarat, CNG users can expect prices to fall

users in Surat, Bharuch and Ankleshwar. Following the announcement about the fall in CNG prices by the state government at GSPC outlets across Gujarat, theIt is expected that the GGCL may revise its CNG price in the range of Rs 56 to Rs 58 per kilogram from the current Rs 63 per kilogram as the Central Government-owned GAIL has reached an agreement on a cheaper administered price mechanism (APM) on...
Source : Times Of India |
Category : City | City : Thane

Learning with the Times: India's gas pricing demystified

fixed gas prices. But from January-end 1987 the government began regulating prices on a cost-plus basis. The last revision under this so-called administered price mechanism was effective July 2005. When the government began bidding out oil and gas blocks under the New Exploration and Licensing Policy (NELP), it opted for marketdetermined rates for gas.The producer enjoyed marketing freedom but needed...
Source : Times Of India |
Category : National

VMC administration tables gas price hike

Vadodara Municipal Corporation (VMC) that was forced to consider a hike in piped gas prices after the reallocation of administered price gas mechanism (APM) among city gas distribution companies, will take up a proposal on the issue of hike at its standing committee meeting on Thursday.A proposal put in this regard before the standing committee states that after reallocation by the Ministry of Petroleum...
Source : Times Of India |
Category : City | City : Vadodara

VMC opposition insists piped gas prices should not be increased

With the possibility of a steep hike in piped domestic gas prices in the city looming large, the Vadodara Municipal Corporation (VMC) opposition has demanded that the civic body and the state government should ensure that the gas is made available at cheap rates.The hike is believed to be inevitable as a reallocation of the gas provided under the administered price mechanism (APM) is being considered...
Source : Times Of India |
Category : City | City : Vadodara

CNG in Gujarat set to cost 40% less than petrol

Gujarat stands to save a whopping Rs2,000 crore every year, as prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) would come down drastically, when the state starts getting cheaper gas as per Administered Price Mechanism (APM).As per industry and government estimates, CNG in Gujarat would become over 40% cheaper than petrol and 20% cheaper than diesel when the state is allotted APM...
Source : DNA |
Category : National | City : Mumbai