With just a few months left for the FAME II—Faster Adoption and Manufacturing of Hybrid and Electric Vehicles—scheme to run its course, there is much debate on whether it should be continued or not. One hears the department of heavy industries is keen to come out with a new variant—FAME III. However, the finance and […]
last week, the Union Cabinet approved Kirit Parikh Committee’s recommendations for natural gas pricing. Going forward, natural gas produced from legacy fields will be priced at 10% of the Indian crude basket’s price, subject to dynamic floor and ceiling prices. The initial floor price has been set at $4/mmBtu and the initial ceiling price has […]
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