{"id":538818,"date":"2022-11-28T10:40:39","date_gmt":"2022-11-28T05:10:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538818"},"modified":"2022-11-28T10:40:39","modified_gmt":"2022-11-28T05:10:39","slug":"kirit-parikh-panel-likely-to-recommend-price-cap-for-ongc-gas-no-change-in-formula-for-reliance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kirit-parikh-panel-likely-to-recommend-price-cap-for-ongc-gas-no-change-in-formula-for-reliance\/","title":{"rendered":"Kirit Parikh panel likely to recommend price cap for ONGC gas, no change in formula for Reliance"},"content":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is likely to recommend price caps for natural gas produced from legacy fields of state-owned firms to help moderate CNG and piped cooking gas rates, while keeping the pricing formula for difficult fields unchanged.<\/p>\n<p>The panel, which was tasked with suggesting a &#8220;fair price to the end-consumer&#8221; while ensuring &#8220;market-oriented, transparent and reliable pricing regime for India&#8217;s long-term vision for ensuring a gas-based economy&#8221;, may opt to suggest two different pricing regimes, officials said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is likely to recommend price caps for natural gas produced from legacy fields of state-owned firms to help moderate CNG and piped cooking gas rates, while keeping the pricing formula for difficult fields unchanged. The panel, which was tasked with suggesting a &#8220;fair price to the end-consumer&#8221; while ensuring &#8220;market-oriented, transparent and reliable pricing regime for India&#8217;s long-term vision for ensuring a gas-based economy&#8221;, may opt to suggest two different pricing regimes, officials said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-538818","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538818","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=538818"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538818\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}