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GAS PRICE FORMULA NEWS

Changes in domestic gas pricing formula: Math, rationale, and how consumers are affected

April 07, 2023 8:05 pm

The Union Cabinet has approved significant changes in the pricing regime for domestic natural gas under the ambit of the administered price mechanism, as a result of which PNG prices for households are expected to fall by about 10 per cent, and CNG prices by 7-9 per cent.

Narendra Modi govt deregulates diesel, approves new gas price formula

October 19, 2014 1:51 am

With assembly elections in Maharashta and Haryana behind it, the Narendra Modi government on Saturday took...

Great news on diesel, bad news on gas: Sunil Jain

October 18, 2014 9:40 pm

One all! That’s the score on the petroleum ministry’s moves today.

Modi govt to appoint committee to review gas price formula, inducts Pratap Bhanu Mehta

July 24, 2014 3:13 pm

The panel, including Bibek Debroy, will revisit Rangarajan gas price formula

India's new gas price formula post-Reliance Industries contract expiry

July 08, 2013 5:02 pm

New formula will be valid for 5 yrs and applies only to new contracts or renewals.

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