{"id":544661,"date":"2022-12-23T12:50:50","date_gmt":"2022-12-23T07:20:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=544661"},"modified":"2022-12-23T13:29:20","modified_gmt":"2022-12-23T07:59:20","slug":"gas-procurement-policy-tweaked-to-bring-down-cost-of-fertilisers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gas-procurement-policy-tweaked-to-bring-down-cost-of-fertilisers\/","title":{"rendered":"Gas procurement policy tweaked to bring down cost of fertilisers"},"content":{"rendered":"<p>The government has modified the gas procurement policy for fertiliser companies, allowing them to buy about a fifth of their monthly needs from the spot market.<\/p>\n<p>With the revision, fertiliser companies will also have to buy 40% of their supplies under a \u201ctake or pay\u201d rule, while no such guaranteed offtake is part of the current norms.<\/p>\n<p>As per the extant guidelines, fertiliser plants are required to procure 80% of their gas needs through long-term contracts and the balance through three-month tenders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has modified the gas procurement policy for fertiliser companies, allowing them to buy about a fifth of their monthly needs from the spot market. With the revision, fertiliser companies will also have to buy 40% of their supplies under a \u201ctake or pay\u201d rule, while no such guaranteed offtake is part of the current norms. As per the extant guidelines, fertiliser plants are required to procure 80% of their gas needs through long-term contracts and the balance through three-month tenders.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-544661","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/544661","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=544661"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/544661\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=544661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=544661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=544661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}