Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
Two major players announce price rise in the range of 10-34% across segments Gujarat government-owned gas distribution player, GSPC Gas Company and the Adani Group's gas distribution arm, Adani Gas have announced sharp increase in gas prices for the domestic, industrial and CNG consumers. The price hike was attributed to …
The Asian Development Bank has extended a $275 million loan to China to help its bus operators shift their fleets to cleaner fuel, a move that is seen to reduce the growing air pollution in Chinese cities. The Manila-based lender said Tuesday that the loan will be given to five …
GAIL (India) has announced the successful commissioning of the Dabhol LNG terminal located at Ratnagiri in Maharashtra, around 340 km south of Mumbai. This 5 million tonnes capacity LNG terminal has been set up with an investment of Rs.4,000 crore and will go a long way in meeting the demand …
After protracted wrangling, the Comptroller and Auditor General (CAG) will on Wednesday begin the second round of audit of Reliance Industries spending on the flagging eastern offshore KG-D6 gas block. CAG officials are scheduled to reach RIL's Navi Mumbai office on January 9 to begin the scrutiny, sources privy to …
State-run Gujarat State Petroleum Corporation (GSPC) announced it has booked 2.25 million tonne per annum (MTPA) natural gas re-gasification capacity offerd by Petronet LNG Ltd (PLL) at its Dahej terminal in Gujarat. GSPC has contracted the capacity on firm and long-term basis for 20 years. “GSPC will now be able …
Plans to charter floating terminal land-based project to be ready by '16 Petronet LNG Limited is planning to charter a floating LNG (liquefied natural gas) storage and regasification unit (FSRU) to bring LNG to the AP coast early by 2014 while it expects to complete the land-based LNG terminal at …
The suggestions are now expected to be vetted by the oil ministry The Rangarajan Committee, looking into the Production Sharing Contracts (PSCs) in the oil and gas sector, has suggested an annual revision based on an average of international gas prices unlike the five-year cap currently in place for gas …
Natural gas prices in the economy are expected to rise as a panel led by the Prime Minister’s Economic Advisory Council chairman C Rangarajan has asked for linking domestic prices to an average of international hub prices and the cost of imported LNG. The report submitted to Prime Minister Manmohan …
However, experts from the oil and gas industry feel that the move by company would not bring much relief in the present high price situation City gas distribution major Gujarat Gas Company Ltd (GGCL) has decided to focus on domestic suppliers for procurement of LNG after its supply contract with …
Company has proposed a 5-mtpa LNG terminal at Gangavaram in Visakhapatnam district A public hearing on the establishment of a 5-million tonne per annual (mtpa) liquefied natural gas (LNG) terminal proposed at Gangavaram in Visakhapatnam district by Petronet LNG Limited is being held tomorrow. The Vizag district administration has made …
The outlook highlights the growing role of developing economies in global energy consumption, and the increasing share of non-fossil fuels in global energy supply. It emphasizes the importance of both improving energy efficiency and expanding energy supplies to meet the energy needs of billions of people who aspire to better …
The Andhra Pradesh Electricity Regulatory Commission (Aperc) has selected four gas-based power plants to make use of their idle capacity for generating additional power using liquified natural gas (LNG) under the expensive power supply scheme (EPSS) proposed by the discoms. The EPSS is meant to supply electricity to the willing …
State-owned power generator is setting up first block of 700 Mw combined cycle power plant The Karnataka government has approved the proposal of Karnataka Power Corporation Limited (KPCL), the state-owned power generator, to procure liquefied natural gas (LNG) for the first block of its proposed 700 Mw Bidadi Combined Cycle …
The panel, headed by Prime Minister’s Economic Advisory Council Chairman C Rangarajan, was tasked to suggest design of future contracts for exploration and production of oil and gas The Rangarajan committee is believed to have suggested a complex pricing formula that will lead to near-doubling of the natural gas price …
Even as India and Russia agreed to further deepen co-operation in the energy sector fissures remain between the two sides over the grant of special treatment on investments made by the two countries in telecom and oil sectors. At the end of the 13th Annual Summit between India and Russia, …
A committee headed by C Rangarajan, the head of the Prime Minister’s Economic Advisory, has suggested linking the price of domestically-produced natural gas to international benchmarks such as US’ Henry Hub as well as the average wellhead price at which India imports gas, government officials said. “The formula balances interests …
Fertiliser majors waiting to make investments in new urea plants have reasons to cheer as the government has promised, subject to a ceiling, it would cover the additional cost from natural gas imports given the paucity of domestic gas. Currently, the Asian spot price of the feedstock, which forms over …
The fertiliser ministry has opposed Reliance Industries' demand for hiking the KG-D6 gas price in line with the Asian LNG spot price, effective from April 2014. The ministry wants the price to be not more than $8/mmBtu. RIL pitched for the gas price, post March 2014, to be about 10% …
The 879-km Phase-II pipeline to Mangalore and Bangalore in Karnataka is under implementation and “the actual physical progress of the project is 64.1 per cent” State-owned GAIL India Ltd has completed the first phase of pipeline that will connect the upcoming LNG import facility at Kochi to consumers in Karnataka …
Biometric cards to be issued to fishermen in the area The government will not declare a ban on fishing in the area around the LNG terminal at Puthuvypeen as part of security measures, Minister for Fisheries K. Babu has said. Replying to a calling attention motion moved by S.Sharma in …
