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POOLED GAS MECHANISM
Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....- Beyond Nvidia: The hidden winners of the AI investment boomThe real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO a...
- Minecraft's Chaos Cubed update: A new cave biome, a transforming mob, and dangerous geysersMinecraft's Bedrock Edition welcomes Chaos Cubed, a new update. It brings Sulfur Caves, a unique underground biome. Players will encounter ...
- US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
- Gas allocation mechanism for power generation units in the worksIndia has currently nearly 25,000 mw of operational gas-based capacity, all of which is stressed because of gas unavailability.
- Gas price pooling to urea units to be effective from July 1Gas price pooling to make available feedstock fuel to urea making fertiliser plants at a uniform rate will come into effect from July 1, th...
- Uniform gas price may boost urea capacity, improve profitsPrice pooling can cut costs and expand margins for fertiliser companies that added capacities since 2008, but ran units on costly imported ...
- Cabinet approves gas pooling for fertiliser sectorCabinet today approved a proposal to pool prices of domestic natural gas and imported LNG used by fertiliser plants to make the cost of fue...
- Oil Ministry moves proposal to pool gas price for fertiliser plantsService tax on imported LNG for pool be waived. These tax proposal would alone bring down the cost of imported gas by $ 0.75 per million Br...
- Power Ministry wants Cabinet to decide on gas pooling for power stationsThe fresh proposal comes after the oil ministry said no additional gas output is expected from domestic sources in the next three years to ...
- N Chandrababu Naidu writes to Narendra Modi, supports gas price poolingSources said Naidu requested the Prime Minister to expedite the process of gas pooling in the national interest and assured all cooperation.
- Gas-based power companies agree to revenue cut to enable price poolingTo keep electricity tariffs from these plants low, the government has proposed to waive customs duty on natural gas imports.
- Government scraps off gas pricing under APM to curb fuel shortage in power plantsGovt will exclude those gas-based plants, which are currently receiving APM gas from pooling. The price of gas under the APM is set by the ...
- Top officials of power, oil ministries to meet PMO on gas price poolingThe meeting is likely to decide the contours of the mechanism that will be placed before Union Cabinet for approval, a senior government of...
- Power, oil secretaries to meet PMO on gas price poolingThe meeting is likely to decide the contours of the mechanism that will be placed before the Union Cabinet for approval, a senior governmen...
- Power Ministry proposes to pool imported, domestic gas pricesThe ministry sought approval to pool imported LNG with fuel from KG-D6 block. The move is aimed at helping gas-starved power plants.
- Natural gas shortage: Power Ministry seeks subsidy of Rs 24,300-crorePlans to help fuel-starved plants use costly imported liquefied natural gas.
- Need price pooling mechanism for fuel supply to power firms: Montek Singh Ahluwalia"We must move to system of price pooling for fuel," Ahluwalia said. Efforts for price pooling are underway, he added.
- Plan panel to set up a body for uniform gas price: Oil MinistryThe Oil Ministry has asked Plan panel to set up a committee to suggest a mechanism for averaging out price of costlier imported LNG with ch...
- Set uniform gas price for power, fertiliser sectors, says Plan panelEarlier, Mercados, a Spanish energy consultant, cited the need to avoid cross-subsidies between the various consumer groups and suggested d...
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