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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CNG Gets Dearer, Petrol Cheaper in Delhi
Petrol car owners in Delhi will get some relief from the recent steep rise in petrol price after the state government decided not to levy value added tax on the price hike announced by the oil marketing
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Sheila’s give & take: Petrol down 1.26, CNG up 1.77
2/3rd Plan Outlay Earmarked For Social Sector New Delhi: Petrol will cost Rs 1.26 less per litre, but CNG, which fuels public transport on Delhi’s roads, is set to get costlier by Rs 1.77 per kilogram.
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Delhi Budget Speech 2012-13 by Sheila Dixit
Read the Delhi Budget Speech delivered by Chief Minister Sheila Dixit for the financial year 2012- 2013. The year 2012-2013 is the first year of a new plan period, the Twelfth Five Year Plan (2012-2017).
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Proposal to hike duty on diesel cars on card
Amid widening price difference between petrol and diesel, the Finance Ministry is looking at the possibility of raising excise duty on diesel cars, a suggestion which was mooted long back by the Oil Ministry. "Hiking excise duty on diesel cars is still on the agenda. It was not taken up during the Budget. It will take some time. It will happen," a Finance Ministry official said.
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RIL wants import-parity price for its gas
Needed, it says, for covering its return and risks also wants govt to stick to contract on output sharing Stuck with $4.2 a million British thermal units (mBtu) price for its natural gas till 2014, Reliance Industries Ltd (RIL) has sought from the government an import-parity price for sale of gas from its D6 field in the Krishna-Godavari basin (KG-D6). Doing so would allow KG gas to be sold at the import price for liquefied natural gas (LNG). If approved, this would mean KG gas could be sold at over three times its current price.
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No major gas-based project till end of FY15: Power min
New Delhi The 12th Five-year Plan may end without any significant fresh gas-based power capacity being added in the country. The power ministry has issued a directive to all state governments and other central and state utilities asking them not to propose any new gas-based power project at least till the end of fiscal 2015. The advisory comes as gas is in short supply domestically and the situation could worsen in coming months as production at the country’s biggest reserve, Reliance Industries’ D6 block in the Krishna-Godavari basin, is expected to fall further from already low levels.
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Smaller Engines to Counter Fuel Prices
Rising fuel costs coupled with a focus on emission control have resulted in more and more large sedans being powered by small engines that are being tweaked to deliver as much as their larger counterparts
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Petrol: Pranab to lead firefight, urge CMs to cut taxes
Finance Minister Pranab Mukherjee has been deputed by the Centre to ask all states to lower sales tax or value added tax on auto fuels and to shift to specific rates in order to work out a combined package
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PMO-led fuel drive clogs 21,503 MW new capacity
Despite the PMO's intervention in guaranteeing coal supplies to upcoming thermal projects, developers of an estimated 21,503 MW of new coal-fired capacity coming up over the next three years could still
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Not mulling hike in diesel, LPG prices: Reddy
Oil Minister says no dates fixed yet for meeting of ministerial panel to decide on rate revision Still battling the fallout of last week's steep Rs 7.54 a litre hike in petrol price, the government today said it is not considering raising rates of diesel, domestic gas (LPG) and kerosene for the moment. "We are not considering hike prices of diesel, domestic LPG and kerosene. It is out of question right now," Oil Minister S Jaipal Reddy told reporters after a meeting called by Finance Minister Pranab Mukherjee to discuss the impact of fuel price hike on inflation.