Kirit Parikh Committee on Gas Pricing
On 30th November, 2022, the Kirit Parikh Committee submitted its report to the government.
The Committee was constituted in September 2022 to review pricing formula for locally produced gas.
Key Recommendations
- India should have completely free and market-determined pricing of natural gas extracted from legacy fields. In India's case it will be over 70 per cent of the total natural gas.
- Linking the price of gas produced from legacy fields to imported crude oil prices. Presently, they are benchmarked to gas rates globally.
- The panel recommended price band of 4 to 6.50 USD per unit for gas from old legacy ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 India Gas Market Report: Outlook to 2030
- 2 UN Warns of Global Expansion of Asian Cybercrime Syndicates
- 3 State of the World's Indigenous Peoples, Volume VI, Climate Crisis
- 4 World Economic Outlook, 2025
- 5 Technology and Innovation Report 2025
- 6 World Social Report 2025
- 7 NITI Aayog’s Report on India’s Hand and Power Tools Sectors
- 8 Automotive Industry: Powering India's Participation in Global Value Chains
- 9 Report on Inter-regional Inflationary Disparity
- 10 Geo Quarterly India Tech Report
