ECC approves reduction in GIDC to Rs 5/MMBTU for fertilizer manufacturers

By MG News | January 29, 2020 at 07:56 AM GMT+05:00

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January 29, 2020 (MLN): Ministry of Energy, Petroleum Division via notification, has informed that the ECC of the Cabinet, in its meeting held on Jan 20, 2020, has approved reduction in GIDC on gas consumed by Fertilizer Manufacturers to Rs 5/MMBTU so that this benefit could be passed on to the farmers.

The summary on ‘Reduction in Price of Urea in Proportion to Reduction in GIDC’ was submitted by the Ministry of Industries & Production on Jan 18, 2020.

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