RIL is insisting on a more relaxed contract for committing more gas to NTPC.
With RIL's KG-D6 output playing truant, steps need to be taken to stabilise the country's natural gas production.
When people get used to something, they want more of it. But gas will always be short in India. All estimates of gas demand are hugely pessimistic.
The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.
The government had in July 2010 imposed a cess on coal at an effective rate of Rs 50 a tonne.
There was a time when gas was offered to India at a cheaper price but we could not close those deals.
The company is also looking to expand the supply of gas by roads and is evaluating creation of small storage hubs along the highways.
The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.
Areva has 60-Mw of biomass-based power capacity in India. It is looking to also tap the market for nuclear power in a big way.
Reliance Industries Ltd's legal battle over the Uttar Pradesh government's decision to impose 21 per cent value-added tax on gas is holding up supply to NTPC's two power plants and Indian Oil Corporation's Mathura refinery, despite a group of ministers making allocation to them.
Last week, Chandra Shekhar Verma did something rather uncharacteristic for a state-owned company chieftain, especially one reputed to be a stickler for rules. The Steel Authority of India (SAIL) chairman - its youngest ever - openly criticised the government.
If the waxy crude oil from Cairn's Mangala field in Rajasthan's Barmer area could get the company such high valuations, the prospects of other companies producing higher-grade crude oil or natural gas certainly brighten.
GAIL India chairman and managing director B C Tripathi said the availability and possibility of gas has changed with the change in government policy.
If he expects the states to take steps for controlling inflation, he should also respect the country's federal structure and not assume a veto power at the GST Council.
Is the exit of the capital markets joint secretary the reason behind this, wonders A K Bhattacharya.
In an interview with Ajay Modi & Jyoti Mukul, ONGC chairman R S Sharma says uncertainties continue in the business even after decontrol of petrol prices.
If Kamal Nath launches a broadside, it is because his ministry now can no longer afford to ignore the advice that comes from Yojana Bhavan.
With an eighth council now in place, no one can accuse Manmohan Singh of being ill-advised.
Govt should examine how SEZs can overcome their main problems over land acquisition.
L&T plans to transfer the equity of L&T in their joint ventures with Mitsubishi Heavy Industries into L&T Power through a book transfer, if clauses for the re-tender remain the same, company executives told Business Standard.
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