<p>With a view to give boost to agriculture sector, achieve import substitution, promote effective waste management and reduce environmental pollution Government has been blending ethanol in petrol. With
With the declared objective of moving towards market determined prices for petroleum products, Government announced the dismantling of the Administered Pricing Mechanism (APM) effective 1.4.2002. However, it was decided to continue to subsidize PDS kerosene and domestic LPG on the ground that these were fuels of mass consumption largely consumed by
This report is in addition to EPCA report no 15 on Assessment and prevention of gas leakage from CNG buses (July 2005). It takes into account the affidavit on behalf of the Transport Department GNCT of Delhi, October 2005 and Delhi Transport Corporation, October 2005. In addition, it reviews the recently reported incidents of CNG bus fires to examine the weaknesses and problems.
By the beginning of the next financial year, consumers in India would have over 10 companies to choose from while buying petrol and diesel. The new entrants in this segment include private players like Reliance, Essar and Shell, and three psus, Mangalore Refinery and Petrochemical Ltd (mrpl), ongc and Numaligarh Refinery.
The Hon
This report of the standing committee on petroleum and natural gas deals with the action taken by the Government on the recommendations contained in the 17th report (14th Lok Sabha) of the standing committee on petroleum & natural gas (2007-2008) on
luxury diesel cars may become dearer and bulk diesel consumers may no longer get fuel at subsidized rates. The Ministry of Petroleum and Natural Gas plans to impose 25 per cent cess on big diesel cars and charge industrial consumers the market price of Rs 57 per litre, Rs 22 more than the current price. The railways and state transport undertakings will be exempted from paying the market price.
RETAIL prices of diesel may go down further by Rs 2 soon as the government looks to hike its goodwill quotient among voters before the code of conduct kicks in for the general elections slated for April-May. A cut in diesel prices could bring down prices of essential commodities such as rice, edible oil, fruits, vegetables, eggs and milk, auguring well for voters and the economy.
WITH the Election Commission
To decide on the allocation of natural gas from RIL
At least four more blocks in Assam-Arakan basin including two each in Assam and Manipur have been thrown open for bidding under the NELP- VIII. At least one block of Coal Bed Methane
