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Oil ministry to send proposal on gas pricing to cabinet

Oil ministry to send proposal on gas pricing to cabinet

Union petroleum Minister Veerappa Moily informed that he would send the final proposal on the pricing of natural gas to the cabinet committee on economic affairs (CCEA) soon. Industry players are keenly awaiting the government's decision on natural gas pricing as it would have a bearing on their financials. Natural gas producers like Reliance Industries (RIL) are seeking hike in the price of do

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Pricing formula of Kelkar panel, Rangarajan panel may be similar

Pricing formula of Kelkar panel, Rangarajan panel may be similar

Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the

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Pricing formula of Kelkar panel, Rangarajan panel may be similar

Pricing formula of Kelkar panel, Rangarajan panel may be similar

Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the

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Proposal to hike diesel prices awaits ministry nod

Proposal to hike diesel prices awaits ministry nod

Oil Minister Veerappa Moily informed reporters that his ministry was yet to process and finalise its view on a proposal to raise fuel prices, on the lines of the recommendation of Kelkar committee. Raising diesel prices is essential in order to reduce the under-recovery of the three public sector oil mark

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Proposal to hike diesel prices awaits ministry nod

Proposal to hike diesel prices awaits ministry nod

Oil Minister Veerappa Moily informed reporters that his ministry was yet to process and finalise its view on a proposal to raise fuel prices, on the lines of the recommendation of Kelkar committee. Raising diesel prices is essential in order to reduce the under-recovery of the three public sector oil mark

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