Home » Prime Minister’s Economic Advisory Council

Tag: Prime Minister’s Economic Advisory Council

Post
Panel suggests annual revision of gas price

Panel suggests annual revision of gas price

A committee headed by C Rangarajan, Chairman of the Prime MinisterÂ’s Economic Advisory Council (PMEAC), suggested an annual revision in the price of natural gas produced in the country. The revision should be based on monthly moving average of net back price for producers of Indian LNG and the other volume weighted price of USÂ’s Henry Hub, UKÂ’s