Introduction

Gas pricing has emerged as one of the key concerns of India's energy policy with a view to keeping carbon emissions under check, India should promote gas to meet its electricity needs. The ongoing debate on, whether a company that has a gas field on lease from the government should be permitted to benefit from a sudden rise in international prices, should be viewed against the overall need to promote the use of gas. Gas should be sold to its principal users - producers of electricity and fertiliser - at below market rates in order to meet energy environment and economic ...