A senior power department official said the Union Petroleum Ministry has made it clear that administered price
gas cannot be made available to Bawana power plant for the next two years.
86 per cent in April), the impact of unseasonal rains has been moderate so far, administered price
increases remain muted, and the timing of normalisation of US monetary policy seems to have been pushed back," he said.
Consistent with expectations, monthly inflation was due mainly to administered price
growth - electricity, cigarettes and medicament's, while food prices declined.
No administered price
system of this complexity can accurately communicate real-world supply conditions.
If you have administered price
mechanism, which does not take into account the need for ensuring that there should be adequate returns, then obviously expectation that foreign capital will come in or foreign private capital will invest is I think a pipe dream," Saran added.
MUSCAT: Producers of animal feed, including poultry feed in the country are eagerly waiting for a government decision on subsidy, in view of administered price
for these products.
Subdued growth in private sector credit extension and in money supply, sharply higher than inflation administered price
increases, notably electricity and rising fuel costs would combine to impact negatively on consumer disposable income and demand for durable goods.
The Union Petroleum and Natural Gas Minister, Murli Deora assured the Chief Minister Parkash Singh Badal of early clearance for allocation of gas at the Government administered price
for its upcoming 1000MW Gas based power project at Ropar.
20 rupees, after the Indian government raised administered price
mechanism (APM) gas price to $4.
The hike in the administered price
, which applies to the 40 per cent of India's gas output of 140 million standard cubic metres a day (mmscmd) that is sold mainly to power and fertiliser firms, is a key step towards reducing distortions in a market with more than a dozen rates.
However, the rate of decline is being constrained by high and sustained administered price
increases and wage settlements in excess of inflation.
Alternatively, under the administered price
approach, a conscious effort would have to be made to adjust prices in times of scarcity.