Searched for
RANGARAJAN FORMULA
No final decision on gas prices yet: Arun JaitleyUPA government had in December last year decided to price all domestic gas from April 1, 2014 according to a formula suggested by the Ranga...
Government sets up panel to suggest new gas pricing mechanismThe ministry has suggested a deadline of August 31 for completing discussions with explorers and gas consumers such as urea and power plant...
Gas price revision can happen even before October 1: Dharmendra PradhanPradhan said the Rangarajan formula had certain anomalies which the new government will look to fix keeping the interest of end-consumers i...
Need to fix anomalies in Rangarajan formula on gas pricing before revising rates: Piyush GoyalIn Power & Coal Minister Piyush Goyal's opinion, gas prices in India cannot be fixed based on a formula that includes Japanese imports.
Hectic parleys on gas price continue in PMOIf the Rangarajan formula is implemented without changes, power tariff will rise by about Rs 2 per unit and CNG rates will jump by over Rs ...
Government looks at ways to resolve gas pricing issueNatural gas pricing is a contentious issue that pits consumers in the power and fertiliser sector against producers.
Government may appoint panel to devise simple gas pricing formulaAccording to the formula approved, rates are to change every quarter based on average price in previous 12 months.
Oil ministry may form another panel to resolve gas pricing issueThe previous government could not announce the new rate of $8.40 per unit, because the Election Commission vetoed its move on the ground th...
Gas price hike to balance reforms, interest of poor: Oil Minister Dharmendra PradhanThe ministry will announce a new rate once its gets clarity on implementation of the Rangarajan formula, which would double the gas price, ...
Reliance Industries Ltd takes gas pricing to arbitrationRIL will raise the issue of gas pricing in arbitration proceedings against the government, as the company feels that even the price under t...
Veerappa Moily puts off hike in gas price till June-endMoily has decided to hold gas prices at the current level of $4.2 per unit until the end of June and not allow retrospective revision of ra...
Gas companies like GAIL India, Reliance Industries, BG India may have uniform sales pact with consumersGAIL India, Reliance Industries and BG India may no longer charge higher gas prices from fertiliser companies.
RIL cheers gas price hike, now wants free pricingThe government on Friday notified the new formula, which links gas prices to international benchmarks.
UP Cane prices may be on their way up, sugar mills miffedPrivate sugar mills have been requesting the government to either reduce it to Rs 225 per quintal or adopt the Rangarajan formula.
Gas price at about $8; FM hints lowering price for fertilizer, powerThe increase in current gas price of USD 4.2 per million British thermal unit will result in sharp rise in cost of producing power and fert...
Fertiliser department for hiking gas ratesOther than the power ministry, all other departments have proposed a gas price, which is $6.77 per unit or more.
Oil Ministry asks cabinet to approve Rangarajan gas pricing formula till FY17The Cabinet note reiterates the government's strategy to have a globally competitive gas pricing policy in the long run.