Phasing out unprofitable coal plants could save US consumers US$10 billion a year by 2021 and boost the country’s competitiveness, finds a new report by Carbon Tracker. The financial think tank finds that by the mid-2020s it will be cheaper to build new combined cycle gas turbines (CCGT) than continue …
ONGC, BPCL soon to sign an MoU for putting up LNG terminal at Mangalore ONGC, Six years after the $1 billion project was put in cold storage, state-owned Oil & Natural Gas Corp (ONGC) will by this month-end revive plans to set up a liquid gas (LNG) import terminal near …
The Gujarat High Court on Tuesday gave sanction to scheme of amalgamation of Hazira Gas Private Limited with Hazira LNG Private Limited, both joint venture companies between Shell Gas BV and Total Gas Electricite Holdings, France. The scheme of amalgamation was sanctioned by Justice Abhilasha Kumari, who observed, "upon considering …