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
-
Despite opposition, Cabinet approves gas price increase
Prices could double by 2014 leading to hike in power tariff and fertilizer cost Despite opposition from within the Cabinet and outside, the Manmohan Singh government on Thursday approved a doubling of natural gas prices from the present $4.2 mbtu to $8.4 mbtu from April 1, 2014.
-
Gas producer price in new regime to be $8.55: Petroleum Ministry
The row over the proposed increase in natural gas prices is set to flare up because the petroleum ministry has admitted that the producer price in the new regime starting April 2014 would be at least $8.55
-
Hike in natural gas price to increase govt's fertiliser subsidy outgo
The Cabinet is likely to take a call on the revision in natural gas prices on Thursday The incremental revenue for every $1 rise in natural gas prices would be Rs 706.7 crore, while the government would suffer a subsidy loss of Rs 3,155 crore on fertiliser, according to a Cabinet Committee on Economic Affairs (CCEA) note.
-
GSPC hikes CNG prices by Rs 2 per kg
CNG to cost Rs 62.15 per kg in Gujarat against Rs 60.15 a kg earlier Auto gas has become costlier in Gujarat as the state-owned gas distribution player, GSPC Gas Company has hiked the compressed natural gas (CNG) prices by Rs 2 per kg with effect from Wednesday.
-
APL families to get sugar, wheat under PDS
The State government is planning to provide sugar and wheat to Above Poverty Line (APL) ration cardholders under the Public Distribution System (PDS), Food and Civil Supplies Minister Dinesh Gundu Rao
-
Law Ministry for 5-year gas pricing regime
Paves the way for a new policy after CCEA approval The Law and Justice Ministry has favoured a stable, five-year gas pricing formula, and also advocated a single price for all sources of gas. This would be put into effect from April 1, 2014, after approval of the Cabinet Committee on Economic Affairs (CCEA).
-
Pressured by PM, Cabinet may decide on natural gas pricing next week
The petroleum and natural gas ministry is expected to move a Cabinet note on gas pricing to the Cabinet Committee on Economic Affairs (CCEA) as early as next week, Veerappa Moily, minister of petroleum
-
Shale Gas Unlikely to Impact India’
Shale gas will continue to remain a largely regional resource over the next 1-3 years and is unlikely to ease the supply scenario in India, a recent survey said. According to the Deloitte Touche Tohmatsu
-
OilMin back to the table on gas pricing
The ministry will now have to come up with a revised Cabinet note, with fresh suggestions from other ministries There seems to be no end to the domestic gas pricing drama, as a decision on the C Rangarajan
-
Pvt power projects to get coal policy cover to beat crunch
There is finally some relief for 66,000-MW domestic coal-based generation projects awarded through the tariff bidding route. The Cabinet is likely to approve amendments to the coal distribution policy, allowing power firms importing coal to meet shortfall in fuel supply from Coal India to pass on additional fuel costs to consumers. The Cabinet Committee on Economic Affairs ( CCEA) is expected to take up this matter for consideration in its meeting on Friday. The inter-ministerial panel on coal price pooling suggested amending the coal distribution policy on the advise of the Central Electricity Regulatory Commission (CERC).