In 2022-23, India’s LPG consumption was 28.5 million tons (MT) and production was 12.8 MT. At over 41.1 percent, LPG imports accounted for the largest share of petroleum product imports in 2022-23. Domestic LPG consumption accounted for over 89 percent of total consumption. The adoption of LPG by low-income households …
Petroleum minister S Jaipal Reddy on Tuesday ruled out any immediate increase in diesel and cooking fuel prices. “I am not so courageous,” Reddy said when asked if the government would consider raising prices since state-run oil marketing companies continued to lose money on retail sale of diesel, cooking gas …
Amid the controversy over cap on subsidised LPG cylinders, Prime Minister Manmohan Singh today said the government recognises that some subsidy has to be given for rural poor for cooking gas and electricity as part of its endeavour to give access to energy to all. He talked about target subsidy …
NEW DELHI, 9 OCT: Amid the controversy over limiting subsidised LPG cylinders, Prime Minister Manmohan Singh today said the government recognises that some subsidies have to be given to the rural poor for cooking gas and electricity as part of its endeavour to provide accessible energy to all. He talked …
IndianOil, Bharat Petroleum and Hindustan Petroleum have incurred a loss of Rs 2,600 cr on sale of petrol during Apr-Sep period IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 a litre, with effect from midnight on Monday The other oil marketing majors — Bharat Petroleum …
New Delhi India plans to provide affordable power to all households in the next five years, Prime Minister Manmohan Singh said today. "The Government of India aims to provide 24x7 electricity to all households in the country and affordable access to electricity in the next 5 years," he said inaugurating …
Prime Minister Manmohan Singh on Tuesday said the Government plans to offer affordable electricity to all households in the country in the next five years. "More than 1,00,000 villages in the country have been provided in recent years," Singh said while addressing a seminar on Energy Access organised by the …
SRINAGAR, Oct 7: Civil society groups in Kashmir are gearing up for protests against government decision to impose cap on subsidized domestic cooking gas. Various civil society groups protest across Kashmir and announce the protest programme tomorrow. Expressing its dissatisfaction over the decision of the government on price hike and …
KOLKATA, 5 OCT: The state government will spend an additional Rs 7 crore as fuel cost for preparing a revised menu at anganwadi centres. The decision to increase the fuel cost does not follow the cap on LPG cylinders but due to complaints that the existing fuel cost was not …
Bhubaneswar: With the Centre restricting subsidised cooking gas cylinders to six per year, the Odisha government has been contemplating to provide certain relief to BPL families having LPG connections. The food, supplies and consumer welfare department has, sources said, undertaken an exercise with the LPG providing oil companies to work …
New Delhi Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel. Indian rupee appreciated to five-month high since the government announced allowing foreign direct investment (FDI) in multi-brand …
Global kerosene and LPG prices divergent to those of diesel, petrol and ATF In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices. From October 1, the …
NEW DELHI, 28 SEPT: Ratings firm Fitch today lowered India's growth projection for the current fiscal to 6 per cent from 6.5 per cent estimated earlier citing challenging economic outlook. “India's economic outlook remains challenging. The projections for real GDP growth (has been trimmed) to 6 per cent for FY …
The transport department has not allowed conversion of vehicles to LPG, a sure way of cleaning up the city air, for the past six months. “Over the past few months, we have repeatedly sought the transport department’s permission to retrofit LPG kits to vehicles but have not received any response. …
Defending the recent hike in diesel prices and the cap on subsidised LPG, Union Minister for Labour and Employment M. Mallikarjun Kharge has said the State government should offer to bear the subsidy on cooking gas. Addressing presspersons here on Sunday, he said the fuel price hike was inevitable. With …
Securing timely payment from states against sale of subsidised cylinders beyond six would be a challenge Oil marketing companies (OMCs) are wary of the populist step of states to increase the number of subsidised cylinders. Securing timely payment from states against sale of subsidised cylinders beyond six would be a …
The Delhi government gave some relief to the people living below poverty line from the Centre’s decision of curtailing number of subsidised LPG cylinder. The city government on Monday decided to provide nine subsidised LPG cylinders instead of six to the BPL people of the city. The decision was taken …
IOC has been pleading with the government to move petrol back to a controlled regime After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening global price and an excise cut announced by the government last week. The OMCs …
The Delhi Cabinet on Monday decided to provide to 3.56 lakh poor families covered under the recently-launched Kerosene-Free Dilli Scheme three more LPG cylinders per annum at subsidised rates to soften the blow of the Centre’s recent decision to limit the subsidy on domestic cooking gas to just six cylinders …
New Delhi Consumers will have to pay the full market rate — R750 at current prices — for every LPG cylinder from April 2013 as the government gears up to directly transfer the subsidy on this fuel to consumers’ accounts starting next fiscal. LPG users will get the subsidy on …
Uncertain policy framework, scarcity of cheap domestic gas hit govt plan to expand network to 200 cities SHREYA JAI & MITUL THAKKAR NEW DELHI/AHMEDABAD The government’s ambitious plan to expand gas distribution networks to 200 cities by 2015 is facing hurdles of uncertain policy framework and lack of cheap domestic …
