Power Engineers Oppose Natural Gas Price Hike Proposal

From Business Standard

By Virendra Singh Rawat

All India Power Engineers Federation (AIPEF) today opposed the proposed doubling of natural gas prices from April 1, 2014 as announced by the central government.

Federation secretary general Shailendra Dubey warned that power tariffs would move north following the decision, while it would also be detrimental for the domestic fertiliser companies.

He has urged the Centre to reverse the natural gas price hike proposal and even called upon the opposition leaders viz. Sushma Swaraj and Arun Jaitley to raise the vital issue in Parliament.

Last year in June and September also, the federation had raised this issue, when the cabinet committee on economic affairs had recommended the price hike proposal.

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