The Cabinet Committee on Economic Affairs (CCEA) had on June 27 approved pricing of all domestic gas through Rangarajan formula from April 1, 2014. The price of gas as per the formula is likely to be about USD 8.4 per million British thermal unit (mmBtu) as opposed to USD 4.2/mmBtu currently.
first published: Jul 11, 2013 04:22 pm
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