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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

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Delays reflect NHAI’s deficiency in planning: Panel

Delays reflect NHAI’s deficiency in planning: Panel

The Parliamentary Standing Committee on Transport has said in its latest report that National Highways Authority of India's (NHAI) delay in completing projects like Golden Quadrilateral, reflects either tardy planning or deficiency in execution. NHAI is not in a position to complete any project and is adding projects after projects without achieving targets in older ones, the report said.