Gas pricing: SC seeks stand of NDA government
The Supreme Court Thursday asked the NDA government to make its stand clear on fixation of the price for gas from Krishna-Godavri basin as to whether it sticks to the previous UPA dispensation's policy or making any departure from it.
Sep 18, 2014, 20:30 PM IST
Gas pricing: Panel submits report, price may go up by 50%
Though contents of the report have been kept under wraps, the official indicated that the price increase may be around 50 percent. Most of the domestically produced gas is currently sold at a price of USD 4.2 per mmBtu.
Sep 17, 2014, 15:54 PM IST
Committee likely to submit report on new gas pricing formula today
A four-member committee of secretaries, set up by the Central government last month to examine the new gas pricing mechanism, is likely to submit its report on Wednesday.
Sep 10, 2014, 04:00 AM IST
Gas pricing: Panel to submit report on new formula by Wednesday
A four-member panel of secretaries will submit its report on a new gas pricing mechanism by Wednesday, Oil Secretary Saurabh Chandra said Monday.
Sep 08, 2014, 18:33 PM IST
Kelkar panel for market-linked gas price to producers
A committee led by former finance secretary Vijay Kelkar has recommended market-linked pricing for domestic natural gas, even as a committee of secretaries is reviewing the formula recommended by the C. Rangarajan panel.
Aug 29, 2014, 15:57 PM IST
Energy firms warn against cost-plus pricing for gas
The Association of Oil and Gas Operators, which is made up for over two-dozen members including the likes of Reliance Industries, ONGC, Cairn, BP, BG, BHP and Essar, on August 18 wrote to Oil Minister Dharmendra Pradhan listing out pricing challenges and how a market driven pricing will boost output.
Aug 24, 2014, 11:44 AM IST
Gas price formula review panel to meet Monday
A four-member committee of secretaries (CoS) set up by the government to review the gas-pricing formula will hold its first meeting with stakeholders on Monday, a petroleum ministry source said.
Aug 23, 2014, 19:08 PM IST
Secretaries panel to review gas price formula
Nearly two months after it put off a steep gas price revision, the government has constituted a four-member committee of secretaries to hold consultations with stakeholders before deciding on the quantum of hike.
Aug 22, 2014, 18:03 PM IST
Gas pricing case: ACB does not have power to probe, Delhi HC told
The power of Delhi government's Anti Corruption Branch (ACB) to probe graft allegations against former UPA ministers and others in relation to alleged irregularities in raising price of gas from RIL's KG6 basin has been taken away by a recent notification of the Centre, the Delhi High Court was Tuesday told.
Aug 19, 2014, 14:24 PM IST
Govt to announce new gas price formula by September end
The Rangarajan formula was to be implemented from April 1 but was deferred by three months as general elections were announced.
Aug 13, 2014, 14:24 PM IST
CoS approves rejig of gas policy; city gas to get top priority
A Committee of Secretaries has approved a rejig of natural gas allocation policy, giving city gas distribution firms like Indraprastha Gas Ltd top priority for allocation of domestically produced fuel.
Jul 28, 2014, 19:29 PM IST
Govt to appoint panel to suggest alternative gas pricing model
The panel, which will comprise of Pratap Bhanu Mehta and Bibek Debroy, Chief Executive and faculty respectively, of think-tank Centre for Policy Research, will be asked to submit its report by August 31.
Jul 24, 2014, 18:01 PM IST
Economic Survey for market pricing of natural gas
Weeks after the new government deferred a decision on revising natural gas prices, the pre- Budget Economic Survey Wednesday called for market-linked pricing to boost domestic oil and gas exploration, and production.
Jul 09, 2014, 19:47 PM IST
'Need to fix anomalies in Ranga formula before revising rates'
Days after the government put off natural gas prices hike by three months, Power & Coal Minister Piyush Goyal said there were anomalies in the proposed formula which needed to be fixed before revising rates.
Jun 27, 2014, 14:22 PM IST
Oil Minister to attend Cabinet meeting amid gas price hike speculation
Oil Minister Dharmendra Pradhan will attend a Cabinet meeting on Wednesday, a government source said, amid speculation that India could raise gas prices from July 1.
Jun 25, 2014, 12:17 PM IST
