The Petroleum Ministry has proposed reworking the allocation policy of natural gas from non-NELP blocks to give first priority to firms selling Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) for allocating the limited resource.
The government notified draft rules for e-auction of cancelled coal blocks suggesting floor price for bidding and ceiling for power sector bidders.
Food Secretary Sudhir Kumar stated that the Centre would take a call on extending the export incentive for raw sugar soon. The matter has been under examination for weeks with the industry reiterating the need for the extension against a backdrop of sliding prices in an arena of rising production costs and excess supply.
The government notified draft rules for e-auction of cancelled coal blocks suggesting floor price for bidding and ceiling for power sector bidders.
Food Secretary Sudhir Kumar stated that the Centre would take a call on extending the export incentive for raw sugar soon. The matter has been under examination for weeks with the industry reiterating the need for the extension against a backdrop of sliding prices in an arena of rising production costs and excess supply.
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