C Rangarajan Formula

India’s Gas Pricing System

November 6, 2015

India has a complex and heterogeneous gas pricing system mainly composed of two pricing regimes viz. APM (Administrative Price Mechanism) and non-APM (aka. free market gas). The APM gas price is declared by Petroleum Planning and Analysis Cell (PPAC).  The non-APM/free market gas is of two types viz....

Gas Pricing Formula Conundrum

February 13, 2015

What is the present gas pricing formula? How fixing a ceiling over the market determined pricing would be a retrograde step to the judicious-formula based pricing?