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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Diesel, LPG subsidy will have to go, says Rangarajan
Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on the sidelines of an event organised at the Indian Statistical Institute here to mark the birth anniversary of its founder, P.C. Mahalanobis.
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Petrol prices cut by up to R3.22/litre
New Delhi The sharp fall in petrol prices in Asian markets paved the way for oil marketing companies to reduce petrol prices by R2.46 per litre to R3.22 per litre to provide a much needed relief to consumers. This is the second consecutive price cut by the oil marketing companies — IOC, HPCL and BPCL — after the steepest petrol hike ever on May 24 by R7.54 per litre.
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Petrol cheaper by Rs 2.50 in Delhi
Breaking the mould of fortnightly revision, market leader Indian Oil Corp (IOC) cut the retail price of petrol by Rs 2.46 to Rs 3.22 a litre from Thursday midnight to “partially” pass on the benefit of
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Revise diesel price by no more than Re 1 at a time, says panel
Declare subsidy upfront; give sops to private refiners too. A fortnightly or monthly revision in diesel prices by only Re 1 a litre in tandem with international prices may sound like music to public sector
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Power shock: Tariffs rise 26% for Delhi households
NEW DELHI: In the steepest hike in recent years, domestic consumers will have to pay almost 26% more for power from July 1, the city's electricity regulator said on Tuesday while announcing new tariff
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Power Min Yet to Decide on Trigger Point for FSAs
It is proposed to lower trigger point to 65% from 80% in fuel supply pacts. The power ministry is yet to take a view on the amended terms of the new fuel supply agreement that proposes to lower the trigger
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Power rates up by 26%, steepest rise for North
The Delhi Electricity Regulatory Commission on Tuesday announced a 26 per cent increase in power tariff for all domestic consumers. The revised tariff will be applicable starting July 1. The raise in tariff
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No fuel for plants, states grope in dark
Just outside the national capital, the first unit of the new 1,500 MW gas-based Bawana power plant is ready to generate electricity, but is forced to idle away. Reason: the Delhi government-owned Pragati
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Coal regulator to oversee only pricing issues
The coal ministry has expressed urgency in setting up a regulator for the coal sector. The ministry has told a Group of Minister (GoM) that the time is ripe for a watchdog in the sector that is bogged
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“Drop unprecedented hike in drinking water charges”
Condemning the Tuticorin Corporation for the unprecedented hike in drinking water charges, cadres of Desiya Murpokku Dravida Kazhagam (DMDK) staged a demonstration near the old corporation office on WGC Road on Wednesday. Led by N. Shanmugaraja, district president, Tuticorin (South), the cadres demanded the corporation authorities to revoke the new regulation as it would affect the common people. They pointed out that the people cannot afford the threefold increase in the drinking water charges.