NEW DELHI:
The government had in October and November last year cut supplies of low-priced natural gas coming from old fields such as Mumbai High and Bassein fields in the Bay of Bengal, to city gas retailers by as much as 40% in view of limited output.
This led to city gas retailers hiking CNG prices by ₹2-3 per kg and threatening more increases as they replaced lost volumes with higher-priced input fuel.
The price hike made CNG less attractive when compared to alternate fuels like diesel. To resolve this, the Ministry of Petroleum and Natural Gas in a December 31 order rejigged some allocations of gas produced from below ground and undersea.
This story is from the January 04, 2025 edition of Hindustan Times East UP.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 04, 2025 edition of Hindustan Times East UP.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Focus on Satwik-Chirag at Malaysia Open
India's doubles duo of Satwiksairaj Rankireddy and Chirag Shetty will aim for a strong result, Lakshya Sen will look to build on his recent form and HS Prannoy will hope to shake off rust after a lengthy break at the season-opening Malaysia Super 1000 tournament starting here on Tuesday.
Man United slow Liverpool's charge towards League title
Manchester United rallied to snap a four-game losing streak and slow Liverpool's romp towards the Premier League title in a thrilling 2-2 draw at Anfield on Sunday.
Tactics to break down Rohit successful: O'Keeffe
Indian skipper Rohit Sharma wilted under the traditional Australian tactic of mentally breaking down the opposition captains during the just-concluded Border-Gavaskar Trophy, said former spinner Kerry O'Keeffe.
Late Dembele strike earns PSG Champions Trophy
Ousmane Dembele's stoppage-time goal settled the French Champions Trophy on Sunday, giving Paris Saint-Germain a 1-0 win over Monaco in a fixture played in Doha.
ICC, BCCI, CA, ECB Explore Chances of Two-Tier Tests
The ICC in collaboration with cricket boards of India, Australia and England is exploring the possibility of a two-tier Test system to facilitate more series between big three nations.
India Eyes Private Capital for $107 Billion Grid Expansion
India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.
NCLAT to hear Meta's plea against ₹213 cr fine on Jan 16
META ASKED NCLAT TO HEAR THE CASE URGENTLY, NOTING ITS IMPLICATIONS AND THE STAKES INVOLVED
Titan Sees 24% Q3 Growth on Strong Demand
Tata group firm Titan Company Ltd on Monday said it registered a year-on-year growth of 24% on a standalone basis in the third quarter of the ongoing fiscal buoyed by strong festive demand, especially in the jewellery segment.
Rupee Falls 4 Paise to Record Low of 85.83
The rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the US dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital.
Stonepeak's Digital Edge gets $1 billion loans for data centers
Digital Edge DC, a company backed by private equity fund Stonepeak Infrastructure Partners, has secured $1 billion in debt to fund its data center expansion across Asia, according to a company press release on Monday.
