#price-ceiling
Deep-sea gas becomes costlier as government raises price ceiling
The government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October 2026-March 2027, from $8.90 earlier. Meanwhile, APM gas from ONGC and Oil India’s legacy fields remains effectively capp…
Govt raises deepwater gas price ceiling to $9.89 per MMBtu, APM cap at $7
The government has raised the ceiling price for natural gas produced from difficult fields such as the KG-D6 block of Reliance Industries and BP to USD 9.89 per million British thermal units (MMBtu) for the six months beginning October 1, from USD 8.90 previo…
Centre raises deepwater gas price ceiling to $9.89 per MMBtu; APM gas cap at $7
Gas produced from such difficult areas enjoys marketing and pricing freedom under the government's policy, but is subject to a government-notified ceiling.
Solar industry seeks higher power prices amid record demand
Power producers are often forced to sell electricity at low prices during periods of weak demand, but cannot make up for those losses when demand rises because of the price ceiling, says the industry body