GAIL to get 29% stake in Tripura National Gas
GAIL India Ltd said that it will get a stake of 29 per cent in Tripura National Gas Company Ltd (TNGCL), which will undertake retail gas distribution in Tripura. Tripura Industrial Development Corp
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UK interested in joint ventures for methane exploration
Representatives of four UK companies specialising in coal bed methane (CBM) have evinced keen interest in participating in joint ventures for exploration and commercial exploitation of methane gas
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BSES, NTPC could benefit from Smart City project
Two major industrial beneficiaries of the Rs 1500-crore Smart City project to be executed by the Dubai Internet City (DIC) could be the BSES Ltd, Pathalam, and the National Thermal Power Corporation
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'Rs 450-crore wind energy project by Jan'
Chief Minister Dharam Singha will inaugurate the 2.5 MW wind energy project at Bettada Malleshwara hills in Hadagali taluk of Bellary district in Karnataka in January and by March end, 100 MW power
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IOC will allow Gail 10% stake in Petropars field
The much awaited tussle between the Indian Oil Corporation (IOC) and Gail over the investment in Iranian oilfield Petropars has been resolved. IOC has agreed to give Gail (India) Ltd a 10 per cent
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Eight new oil blocks to be declared in NELP-V
The New Exploration Licensing Policy (NELP) V will see eight new exploration blocks .The new list of 20 blocks which is likely to be announced in January has eight new fields. Two of the new blocks
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ONGC to start drilling at Bokaro using own platform
Having failed to offer turnkey contracts for coal-bed methane (CBM) exploration, development and production, ONGC has decided to start exploratory drilling at Bokaro using its own drilling platform.
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Power ministry gets pro-active, to deal directly with states on IPPs
The union power ministry, in order to avoid a repeat of the now-closed Dabhol project, has assumed a pro-active role to ensure the completion of nine new power projects coming up across the country.
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Andhra Pradesh calls all-party meet to discuss free power
In a significant move, the Andhra Pradesh government has initiated a debate on continuation of
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GAIL to get majority pie in Tripura ga plan
GAIL (India) LAtd will get a majority stake of 29 per cent in Tripura Natural Gas Company Ltd (TNGCL). An agreement to this effect, between GAIL, Tripura Industrial Development Corporation and Assam
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PetroChina signs more deals to sell pipeline gas
Chinese oil major PetroChina said on Wednesday it had signed 12 more agreements to sell natural gas from its $8.5 billion west-east pipeline which it said would turn a profit from next year. The
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Central package for Neyveli Lignite
The Cabinet Committee on Economic Affairs (CCEA) today approved a Rs 691.83 crore investment for expansion of the transmission system of the Neyveli Lignite (NLC) in Tamil Nadu. The investment
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Three sponsoring countries approve trans-Balkan pipeline
Bulgaria, Albania and Macedonia gave political support to a $1.2 billion prifate trans-Balkan oil pipeline that will allow Russian and Caspian crude to avoid congested Turkish waters, officials said.
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ONGC's Tripura power plant to be ready in three years
ONGC's proposed gas-based power plant in Tripura would be ready for generation and evacuation within the next three years for which the company was already in the process of finalising the project
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Tata Power bets on coal-based projects
At a time when other power producers are considering natural gas as a replacement for costly oil, Tata Power Company has decided to bet big on coal. The company hopes to invest Rs 40,000 crore in
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NTPC asked to draw plans for Farakka expansion
The power ministry has asked the National Thermal Power Corp (NTPC) to initiate preparation for a detailed project report (DPR) and other advance actions to add 500mw capacity to Farakka Super
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Oil idenx may be skewed
Petroleum Minister Mani Shankar Aiyar's proposal for an Asian crude oil index may not be in India's interests. India, along with China and Japan
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Lithuania starts shutdown of nuclear reactor
Lithuania, one of the world's most nuclear dependent countries, began the long process on Friday of decommissioning its Chernobyl-style atomic power plant, meeting a key safety concern of the
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Price stability tops oil meet agenda
Voracious oil consumers of Asia will sit with powerful crude oil producers from the Middle East to forge a relationship for ensuring price stability and supply security.
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Maharashtra to pay Rs 407 cr to MSEB for free power
The debt-ridden Maharashtra government issued a government resolution making it clear that it would pay in cash Rs 407 crore to the ailing Maharashtra State Electricity Board (MSEB) and Mula Pravara