Reliance Industries and other producers of natural gas will no longer need the government’s approval for gas price if it is arrived at using the new guidelines for the discovery of market price, an official order said.
The Ministry of Petroleum and Natural Gas, last week, notified guidelines for discovery of market prices for domestically produced natural gas via e-bidding.
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Unknown title20 21:41 IST PTI New Delhi , December 07, 2020 21:41 IST Updated: December 07, 2020 21:41 IST Discretion allowed under new norms. Share Article 0 PRINT A A A Discretion allowed under new norms. <span>Reliance Industries and other producers of natural gas will no longer need the government’s approval for gas price if it is arrived at using the new guidelines for the discovery of market price, an official order said. The Ministry of Petroleum and Natural Gas, last week, notified guidelines for discovery of market prices for domestically produced natural gas via e-bidding. The companies “shall design the tender/ bid offer, including the eligibility criteria, bid parameters, evaluation criteria, tender fee, salient terms and conditions of Gas Sales Agreeme Summary
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