Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > News > Gas price hike to hit profits of power, fertiliser cos: Report > Gas price hike to hit profits of power, fertiliser cos: Report

Gas price hike to hit profits of power, fertiliser cos: Report [1]

The government’s decision to double the prices of natural gas will hurt the prospects of the consumer industries like power and fertiliser.

Rating agency ICRA said in a report the CCEA approval of the Rangarajan gas pricing formula is positive for the upstream sector’s earnings and sentiments but negative for all categories of consumers.

Publication Date: 
02/07/2013
Sanjeev Sharma [2]
Tribune (New Delhi) [3]
Tags:
Natural Gas [4], Fuel Pricing [5], Subsidies [6], Energy Policy [7], Chemical Fertilisers [8], Energy [9]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/gas-price-hike-hit-profits-power-fertiliser-cos-report

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/gas-price-hike-hit-profits-power-fertiliser-cos-report
[2] http://admin.indiaenvironmentportal.org.in/category/author/sanjeev-sharma
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/tribune-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-policy
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chemical-fertilisers
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy