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Gas Pricing: Ambanis Rule the Roost

THE ministry of petroleum, after its change of guard from Jaipal Reddy to Veerappa Moily, has been batting for a much higher price of natural gas. This is being supported by Montek Singh Ahluwalia, the deputy chairman of the Planning Commission, while it is being opposed by the ministry of power and the ministry of fertiliser, both pointing out its enormous impact on fertiliser subsidies and electricity prices.

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