The vacation of additional 2G and 3G spectrum may generate additional revenue of about Rs 80,000 crore (Rs 800 billion) on the basis of prices according to spectrum auctioned last year, DoT said in a note for the empowered group of ministers.
The report, submitted to the government last week, says the slow pace of field development is the reason production has fallen to 50 million standard cubic metres a day (mscmd) from a peak of 60 mscmd last year.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
IEA has forecast that in 2011 demand will grow by 1.4 million bpd to 89.4 million bpd.
A decision on the merger will take some time as there are procedural problems with MTNL being a listed entity and BSNL non-listed.
Started in 1857, Alstom is one of the grand old companies of Europe.
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.
This has happened despite an increase in peak demand of power.
BSNL has been among the top three net losers in terms of subscribers. MTNL, which operates in only the Delhi and Mumbai circles, has lost, too.
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 two PSUs have been losing revenues as well as market share.
The government had in July 2010 imposed a cess on coal at an effective rate of Rs 50 a tonne.
A memorandum of understanding between the defence and telecom ministries for vacation of spectrum was signed two years ago.
There was a time when gas was offered to India at a cheaper price but we could not close those deals.
The wait for mobile subscribers to get relief from telemarketing calls has got longer. The Telecom Regulatory Authority of India (Trai) has extended the deadline for the third time for implementation of guidelines to curb telemarketing calls, to April 1.
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 proposal gains significance because the merger plan was given a quiet burial under former telecom minister A Raja.
The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.
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