NEW DELHI, Sept 30 (Reuters) - Gas produced in India will
cost $3.82 per million British thermal unit (mmBtu) on gross
calorific value (GCV) basis in the six months to March 31, the
government said in a statement on Wednesday, reflecting an 18
percent cut from the current prices.
Currently, local gas costs $4.66/mmBtu on GCV basis.
On net heat value basis, local gas is expected to cost about
$4.24/mmBtu, a source told Reuters earlier. ID:nD8N11802I