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In a boost to firms like ONGC and Reliance Industries, Cabinet clears new price formula for undeveloped gas finds

In a boost to firms like ONGC and Reliance Industries, Cabinet clears new price formula for undeveloped gas finds

Dharmendra Pradhan said that the price will be the lowest of weighted average of fuel oil and imported LNG or weighted average of fuel oil, naphtha and imported coal.

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