After fertiliser, the power ministry has also opposed the recommendations made by the Rangarajan panel to increase domestic gas price from the current $4.2/mmbtu to $8.8/mmbtu, saying it will impact the power sector by about R46,360 crore annually.

The gas supplies to the sector have completely halted from the KG D6 block of Reliance Industries, which recently hit an all-time low of 15.5 mmscmd from a peak of 69.43 mmscmd in March 2010.