Tag Archives: GAS

Kejriwal’s Odd-Even Formula

Kejriwal’s Odd-Even Formula & having the guts to ban Diesel Vehicles could push India to lead the Automobile world out of the fossil fuel era. It seems like one small step in that direction… but in fact is a huge gigantic leap for MANKIND.

All of us are aware that the Odd Even Formula is temporary, kind of a stop gap,  “puncture repair” till the time the real issue can be addressed properly… he is able to source enough extra Buses… (around 10,000 extra buses) probably powered by CNG. If he is able to get even half of that then the number of Delhi’s public buses would double. This in itself would provide enough relief for the daily commuters. This will improve the overall impact of… Continue reading

Good News for Gas Producers

Indraprastha Gas Ltd (IGL) on Wednesday rose as much as 16.5%, its sharpest gain in three years, after the Supreme Court of India ruled that Petroleum and Natural Gas Regulatory Board (PNGRB) cannot set IGL’s network tariffs.

 Indraprastha Gas surges 16% on favourable Supreme Court ruling: In dismissing PNGRB's request to set prices, the ruling effectively gives Indraprastha more freedom to set its own tariffs. Photo: Mint

The Supreme Court ruled that the regulator has no power to set retail gas price, according to Bloomberg report.

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