Gas suppliers face fickle government policy paradigm
Aug 27:
The pooled price mechanism and a finetuning of the domestic gas allocation matrix have changed the indigenous v.LNG usage pattern among key gas consumers in India 8These changing demand dynamics are to a very large extent dependent on government policies. 8And these policies are fickle 8There is hope that gas based power stations may get a new lease of life as they switch away from being base load stations, given the massive infusion of renewable power. 8Similarly, it is government-pushed investment in urea units which is creating demand for extra gas for fertilizers 8What if allocation priorities change, as is possible in case of city gas distribution? Click on Reports for more