May 28: Does India have the wherewithal to develop a competitive gas market?
8The answer is a straight "no".
The basic requirements for such a market have been identified as:
--A hands-off government approach to natural gas markets
-- Separation of transport and commercial activities
-- Wholesale price deregulation
-- Sufficient network capacity
-- Nondiscriminatory access to networks
-- A competitive number of market participants and involvement of financial institutions.
None of these ingredients are in sight as of the moment
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