{"id":527420,"date":"2022-10-06T09:46:27","date_gmt":"2022-10-06T04:16:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=527420"},"modified":"2022-10-06T11:08:10","modified_gmt":"2022-10-06T05:38:10","slug":"mid-course-changes-in-gas-pricing-to-delay-investments-says-reliance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mid-course-changes-in-gas-pricing-to-delay-investments-says-reliance\/","title":{"rendered":"Mid-course changes in gas pricing to delay investments, says Reliance"},"content":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries has told a government-appointed panel reviewing gas pricing that any &#8216;retrograde&#8217; move to artificially cap rates will add to fiscal policy instability, delays investment and dent India&#8217;s attempt to become Atmanirbhar in fuel production. <\/p>\n<p>In a submission to the committee headed by Kirit Parikh, which has been asked by the Oil Ministry to look at setting a &#8216;fair price to consumers&#8217;, the firm detailed how the economics of its about-to-start field in the KG-D6 block, where billions of dollars have been spent to recover reserves lying several kilometres below the seabed, will be impacted under different prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries has told a government-appointed panel reviewing gas pricing that any &#8216;retrograde&#8217; move to artificially cap rates will add to fiscal policy instability, delays investment and dent India&#8217;s attempt to become Atmanirbhar in fuel production. In a submission to the committee headed by Kirit Parikh, which has been asked by the Oil Ministry to look at setting a &#8216;fair price to consumers&#8217;, the firm detailed how the economics of its about-to-start field in the KG-D6 block, where billions of dollars have been spent to recover reserves lying several kilometres below the seabed, will be impacted under [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-527420","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/527420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=527420"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/527420\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=527420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=527420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=527420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}