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Podcast: businessline's State of the Economy Podcast
Episode: Are EVs a threat to CNG vehicles? Prashant Vasisht, ICRA Limited, explains
Description: In this episode of the State of the Economy podcast, Prashant Vasisht, Senior VP and Co-Group Head, Corporate Ratings, ICRA Limited, joins businessline’s Rishi Ranjan Kala to talk about how India’s natural gas story is progressing post-introduction of the Kirit Parikh formula, which addressed the pricing of natural gas produced in the country.Vasisht highlights how events like the Russia-Ukraine conflict have impacted global markets and sent liquefied natural gas (LNG) spot prices soaring. This led to increased prices for gas produced from legacy fields in India. The conversation delves into the implications of these pric...