<p>Since 2014, this is the official formula to compute the price of NG in India:</p>

<p><a href="https://i.sstatic.net/DNChb.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/DNChb.png" alt="enter image description here"></a></p>

<p>The details of this formula, including where the data is taken from can be found <a href="http://ppac.org.in/WriteReadData/CMS/201501270457045609772DatasourcesforpricecalculationNov14-March-15.PDF" rel="nofollow noreferrer">here</a>. </p>

<p>To see historical data with this formula (since 2014), see the left panel <a href="http://ppac.org.in/content/155_1_GasPrices.aspx" rel="nofollow noreferrer">here</a>. Simply click in the period you want to see. Notice these prices are set for a six-month period.</p>

<p>There is more information about the context of this policy and the different pricing systems regarding natural gas for India <a href="http://www.ey.com/Publication/vwLUAssets/EY-natural-gas-pricing-in-India/$FILE/EY-natural-gas-pricing-in-India.pdf" rel="nofollow noreferrer">here</a>.</p>

CC BY-SA 3.0
2017-07-08T13:57:11.020Z
2017-07-08T13:57:11.020Z
luchonacho
<p>Ministry of commerce and industry of India doesn't provide WPI index for Natural Gas. Is there a way to calculate the same?</p>

CC BY-SA 3.0
2017-08-23T12:19:59.560Z
Was my answer satisfactory?
luchonacho
<price-index>
How to calculate price index for natural gas in India?
Vivek
# How to calculate price index for natural gas in India?

(Asked by: username_0 on 2017-07-08)

Ministry of commerce and industry of India doesn't provide WPI index for Natural Gas. Is there a way to calculate the same?

**Tags:** price-index

> **Comments:**
> **username_1**: Was my answer satisfactory?  

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## 1 answers

### Answer by username_1 on 2017-07-08. Score: 1

Since 2014, this is the official formula to compute the price of NG in India:

[![enter image description here](https://i.sstatic.net/DNChb.png)](https://i.sstatic.net/DNChb.png)

The details of this formula, including where the data is taken from can be found [here](http://ppac.org.in/WriteReadData/CMS/201501270457045609772DatasourcesforpricecalculationNov14-March-15.PDF).

To see historical data with this formula (since 2014), see the left panel [here](http://ppac.org.in/content/155_1_GasPrices.aspx). Simply click in the period you want to see. Notice these prices are set for a six-month period.

There is more information about the context of this policy and the different pricing systems regarding natural gas for India [here](http://www.ey.com/Publication/vwLUAssets/EY-natural-gas-pricing-in-India/$FILE/EY-natural-gas-pricing-in-India.pdf).


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