Government to help power, fertiliser sectors cope with higher gas prices ... - NDTV

Reuters | Updated On: June 28, 2013 11:58 (IST) New Delhi: The Finance Minister said on Friday the government would consider helping the power and fertiliser industries to cope with the doubling of domestic gas prices from April 1. The government late on Thursday approved a gas price hike for the first time in three years. Indicative pricing suggests domestic gas could double to around $8.4 per mmBtu from April 1, 2014. "The power and fertiliser ministries have raised the issue. We can look at fixing the input costs for these sectors. The issues will be addressed in course of time," Finance Minister P. Chidambaram told reporters at a briefing. Copyright: Thomson Reuters 2013 For Profit Update, via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHVMh7ltAYPh_j3q5RS87tFDaKqiA&url=http://profit.ndtv.com/news/economy/article-government-to-help-power-fertiliser-sectors-cope-with-higher-gas-prices-chidambaram-323828

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