Source: The post is based on the article “Proposed changes in gas pricing fail to adequately address the needs of the consumer” published in “The Indian Express” on 22nd April 2023. Syllabus: GS3- Infrastructure: Energy Relevance: Issues related to the gas pricing. News: The government of India has modified the October 2014 pricing mechanism for domestically… Continue reading Proposed changes in gas pricing fail to adequately address the needs of the consumer
Tag: revised domestic gas pricing
Changes in domestic gas pricing formula: Math, rationale, and how consumers are affected
Source: The post is based on the article “Changes in domestic gas pricing formula: Math, rationale, and how consumers are affected” published in Indian Express on 8th April 2023 Contents1 What is the News?2 What is the revised natural gas pricing formula?3 What are legacy or nomination fields?4 What is the impact of this decision?… Continue reading Changes in domestic gas pricing formula: Math, rationale, and how consumers are affected
Cabinet approves revised domestic gas pricing guidelines
Source: The post is based on the article “Cabinet approves revised domestic gas pricing guidelines” published in PIB on 6th April 2023 What is the News? The Cabinet Committee on Economic Affairs has approved a new mechanism to fix pricing for domestic natural gas in India. What are the changes made in the prices of… Continue reading Cabinet approves revised domestic gas pricing guidelines