The petroleum ministry will approach a ministerial panel for a road map on a gas price pooling mechanism to help the power sector absorb the high costs of imported liquified natural gas (LNG) and prevent investments of over R1 lakh crore from becoming non-performing assets.
Petroleum minister M Veerappa Moily said on Wednesday that he will move a note for the consideration of a high-powered ministerial group to change priority of allocation of the fuel as well as pooled pricing of imported and domestic gas. Moily was talking to reporters after meeting with a delegation of power producers including Anil Ambani (Reliance Power), GM Rao (GMR) and Madhusudan Rao (Lanco).
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/moily-move-egom-gas-allocation-priorities
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
