A veteran of India's energy sector, Prof Kirit Parikh chaired the committee that submitted the 2013 groundbreaking report on pricing methodology for diesel, domestic LPG and PDS kerosene.
FlashNews:
Officials Gear Up for Full Operationalisation of Western Dedicated Freight Corridor
Transition to Bioenergy Requires Cohesive Effort Across Entire Value Chain: Naik
Air India, Singapore Airlines Ink Cooperation Framework to Deepen Partnership
Manohar Lal Flags Off Countdown to Global Bharat Electricity Summit 2026 in March
Project Kaundinya: India, Oman Must Collaborate on Green Shipping Corridor, Says Sonowal
Project Kaundinya: OneWeb Connectivity Powers Indian Navy’s Historic INSV Kaundinya Voyage
Project Kaundinya: INSV Kaundinya Voyage Revives India‑Oman 5,000-Year-Old Maritime Legacy
CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy
India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects
Coal and the Grid: Why India Still Needs Baseload Power
RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract
NHAI Launches Internship Programme to Build Highway Talent Nationwide
Powerplay Rolls Out Procurement-Linked Credit to Unlock Contractor Cash Flows
IREDA Earns ‘Excellent’ MoU Rating for Fifth Year, Cementing Role in Clean Energy Financing
Inox Clean Energy Secures ₹31 Billion Equity at ₹500 Billion Valuation
Centre’s ₹2.35 Billion Port Push in Tamil Nadu, Sonowal Flags Maritime-Led Growth
Indian Railways to Roll Out 52 Reforms in 52 Weeks; Targets Single-Digit Accidents by FY2027
India Stays the Course as Combative Trump Exits International Solar Alliance
Energy Security, Investment and Decarbonisation to Take Centrestage at India Energy Week 2026
Tag: Kirit Parikh
Reforming India’s Oil & Gas Sector
Avery colourful legend has it that during the construction of the railway line from Dibrugarh to Margherita by Assam Railways & Trading Co (AR&TC) in 1867, a herd of logging elephants returned to the camp with their feet covered in crude oil. Even as this led the AR&TC personnel to look for seepages, the site engineer, WL Lake, reportedly cried out in excitement to his workers, 'Dig boy, dig!' on coming to learn about it.
India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
Diesel price hike put on hold
The Oil Ministry has put on hold further diesel price increases.The oil firms said there was no need to increase rates because an expert committee headed by Kirit Parikh had suggested that the government should provide a subsidy of Rs 6 a litre on diesel.
Diesel price hike put on hold
The Oil Ministry has put on hold further diesel price increases.The oil firms said there was no need to increase rates because an expert committee headed by Kirit Parikh had suggested that the government should provide a subsidy of Rs 6 a litre on diesel.




