Global natural gas prices are crashing, but that’s not enough to cut your monthly fuel bills
Image credit: BCCL file photo
Synopsis
Imported LNG prices have dipped 80% since August 2022. But the government, which increased natural gas prices by 400% in the last two years, has not provided any relief so far. The decline in global prices also creates an opportunity for India to revive its stranded gas-based power plants. Can the government make the most of this price downtrend?
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