EC puts gas price hike on hold
March 25, 2014  11:53
The revision in natural gas prices will have to wait, with the Election Commission on Monday asking the petroleum ministry to defer the proposal in view of all relevant facts, including pendency of the matter in the Supreme Court.

In a terse, four-line reply to the petroleum and natural gas ministry's March 14 proposal seeking EC nod for notifying the revised gas prices for the April-June 2014 quarter, principal secretary with the EC K Ajaya Kumar said "after taking into account all relevant facts, including the fact that the matter is sub-judice in the Supreme Court, the commission has decided that the proposal may be deferred". Read more
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