Gas Pooling

Anti-dumping duties may be removed for some items. The government will review such items soon, added Singh.

Gas pooling: Lukewarm response in 3rd round of auction

Bids for 7.2 million metric standard cubic meters per day (mmscmd) were placed in the third round, whereas the government was seeking bids for 8.9 mmscmd in this round. The indicative price in the auction was at USD 7.2-7.5 per mmbtu.

ICRA says cautious on fertiliser sector growth in FY16

"Although actual rainfall and monsoon precipitation so far has been significantly better than earlier estimates of Indian Meteorological Department growth outlook for the industry appears more cautious for FY16," ICRA said in a report.

New urea policy will help bridge demand-supply gap: ICRA

The government's gas pooling and the new comprehensive urea policy are positives for the overall fertiliser industry and will help in bridging the demand-supply gap, rating agency ICRA said in a report.

Sensex up 303 pts; banks lead, Sun Pharma & Ranbaxy up 5.5%

It was a strong start to the new financial year 2015-16 on Wednesday as the market rallied more than 1 percent led by banking & financials, ahead of RBI policy (scheduled to be held on April 7). The broader markets continued to outperform benchmarks.

Cabinet approves gas pooling for 30 urea units

The Union Cabinet today approved gas pooling for 30 urea manufacturing units in the country, communications minister Ravi Shankar Prasad today said. The move would allow sale of gas at a composite price arrived at by pooling gas from cheaper domestic and more expensive imported sources.

Have to ensure book size is regulatory-compliant: IDFC

Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.

New gas pool proposal to cut GAIL's pipeline tariff by 50%

Sources told CNBC-TV18 that the new pooling proposal moots for higher cut in GAIL's pipeline tariff from 20 percent to 50 percent and also cut marketing margin by 75 percent versus older proposal of 50 percent.

Govt may cut Gail's mktg margins to make gas pooling viable

Another proposal is to cut the pipeline tariff by 50 percent for viability of gas pooling and also full capacity utilisation of pipeline.

Govt may meet today to finalise gas pooling arrangement

Companies that maybe impacted by the gas pooling arrangement include Torrent Power, GVK Power, Reliance Power, GMR Infrastructure and Essar Oil.

Gas pooling only option to save capacity: APP

Ashok Kumar Khurana, Director General of the Association of Power Producers tells CNBC-TV18 that gas pooling is the only viable option to save gas based capacity.