Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Fuel Pricing
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Farmers losers in ethanol pricing
Centre All Set To Fix Price At Rs 27/Litre; Industry Says Move To Spell Loss For OMCs THE Centre is all set to fix the price of ethanol at Rs 27 per litre this week under intense pressure from the powerful sugar lobby. This will ensure fat bottom lines for the entire sugar industry even while it does not guarantee higher cane price for the producer.
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Fixed diesel subsidy of Rs 1.49 may stay
DIESEL price decontrol may only be partial, unlike in the case of free pricing of petrol, as the government may continue to provide a fixed subsidy of Rs 1.49 per litre irrespective of the rise or fall in its market-linked retail price.
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OMCs' petrol pricing strategy after July 15
The petrol pricing strategy of oil marketing companies (OMCs) is likely to be clear in the second fortnight of this month. The oil companies have been consulting each other to decide the periodicity of petrol price revision. Petroleum Secretary S Sundareshan said the OMCs were having consultations to decide the frequency of price revisions.
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Petrol price review every month
Government-controlled oil marketing companies (OMCs) today decided to review retail prices of petrol on a monthly basis. However, the date for the next price review and the mechanism to fix the price are yet to be finalised.
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Petrol price to be reset every 30 days
New Delhi: State-run firms will change pump price of petrol after a 30-day period, in line with global trend of crude and products, even as the oil ministry is informally pressing them for a token reduction of 20 paise or so around the Zero Date of July 25-26 when the price review begins under the decontrolled regime, sources said.
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Diesel to become cheaper in Delhi from July 20
Gaurav Vivek Bhatnagar NEW DELHI: The sharp decline in revenue on account of falling sale of diesel in June on Friday prompted the Delhi Cabinet to approve a reduction in Value Added Tax imposed on it. As a result, the price of diesel would go down by Rs.2.50 per litre from July 20 and it would then start selling at Rs.37.60 per litre.
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Diesel to cost 2.50 less: Giving In To Dealers, Delhi Rolls Back VAT Hike
New Delhi: Giving in to the demand of petrol and diesel dealers in the capital, Delhi government on Friday decided to roll back the Value Added Tax (VAT) on diesel from 20% to 12.50% per litre. This was decided at a cabinet meeting held at chief minister Sheila Dikshit
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No road map yet for diesel decontrol
Cab Secy Says Subsidy Regime To Be Rejigged To Trim Fiscal Deficit THE government ended the confusion over pricing of diesel saying the fuel has not been decontrolled like petrol, but reiterated its commitment to cutting wasteful subsidies.
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Oil Is Not Well
The government should realise non-transparent economics is bad politics
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Cement cos eye alternative fuels
AS THE cement industry reels under high raw materials cost and reduced coal linkages, companies are exploring for alternative options such as rubber tyres and rice husk as substitutes for main inputs.