The Union Cabinet on Thursday approved new gas pricing guidelines, paving the way for linking natural gas prices in India to global crude prices. Under the new guidelines, the price of natural gas will be 10% of the monthly average of the Indian crude basket, a weighted average of Dubai and Oman (sour) and Brent Crude (sweet) oil prices.
High global gas prices, triggered by the Russia-Ukraine war, has trickled to the domestic market, impacting industrial consumers, households and government finances. These inflationary pressures are likely to persist in the short term at least
/PRNewswire/ The "HVDC Capacitor Market by Product Type (Plastic Film Capacitors, Aluminum Electrolytic Capacitors), Technology (LCC, VSC), Installation.
To cope with record power demand this summer, the electric grid operator of Texas has increased its spending to maintain higher reserves and rewarded industrial consumers to cut usage