Sentences with phrase «oil import bill»

Increment of the oil import bill by 9.5 % to 347, 432 crore leads to an estimate of 180, 000 crore increment in subsidy.

Between now and 2020 expect a huge overseas clamour for our LNG even as our crude oil import bill grows wildly.

The industrial uses of solar air heating, which is gaining increasing acceptance, help in paring emissions and use of fossil fuels, and could also lead to a lower oil import bill for India

India's net oil import bill increases by over 0.3 percent of GDP with every $ 10 per barrel increase in prices, putting pressure on the trade deficit.

Not exact matches

Rising crude oil prices over the last two years will further aggravate the trade deficit as the currency is also depreciating, which will add to the import bill.

As part of the recommendations in the report by the Senate Committee on Works on the National Roads Fund Establishment Bill 2017, a levy of N5 will be imposed on every litre of Premium Motor Spirit (petrol) and Automobile General Oil (diesel) imported or refined in the country.

Hundreds of millions of dollars in hemp fiber for clothing, seeds for human consumption and oil for soap are imported annually, mostly from Canada, according to bill supporters.

Across the region, renewable energy such as solar, wind and geothermal power is gaining ever greater credence as a way to curb the region's appetite for oil and cut runaway import bills.