Reliance Power to invest $3 bn in power plant in Bangladesh

Last Updated: Saturday, June 6, 2015, 12:28

The company will use the equipment it had contracted for its Samalkot project in Andhra Pradesh for setting up the power plant in Bangladesh in three years from the date of signing power purchase agreement (PPA).

Natural gas output to rise 50% by 2018-19

Last Updated: Wednesday, June 3, 2015, 18:14

In its annual report, the ministry has said domestic gas production will rise from 98.15 mmscmd in 2014-15 to 99.87 mmscmd in the current fiscal.

GAIL sells some of its US LNG to Shell

Last Updated: Wednesday, May 27, 2015, 23:23

GAIL (India) Ltd has sold some of its liquefied natural gas (LNG) from the U.S. portfolio to European energy major Royal Dutch Shell ahead of production from early 2018, its head B.C. Tripathi said on Wednesday.

GAIL in talks with Shell to sell US LNG supply

Last Updated: Wednesday, May 20, 2015, 17:06

India`s Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, three sources with knowledge of the matter said.

ONGC, its partners developing LNG terminal in Mozambique

Last Updated: Monday, May 18, 2015, 18:31

In a step towards start of gas production from its giant Mozambique gas fields, state-owned ONGC and its partners have awarded contract for development of an onshore LNG terminal.

GAIL, IOC sign pact to join Adani Group's Dhamra LNG project

Last Updated: Wednesday, May 13, 2015, 18:47

State-run gas utility GAIL India Ltd and refiner Indian Oil Corp (IOC) Wednesday signed an initial pact to join Adani Group-promoted Rs 5,000-crore Dhamra LNG project in Odisha.

RIL-BP among four in race for Mumbai LNG terminal

Last Updated: Wednesday, May 13, 2015, 17:07

The winner will have to set up a FSRU vessel with storage capacity of 170,000 cubic meters and 5 mn tons per annum gas production capacity.

IOC to hold 45% in Ennore LNG terminal

Last Updated: Tuesday, May 12, 2015, 16:16

State-owned Indian Oil Corp (IOC) will hold 45 per cent stake in the planned Rs 5,150 crore LNG import terminal at Ennore in Tamil Nadu and offered 50 per cent interest to financial institutions like ICICI and IDFC.

RLNG subsidy to help fuel 9,000-MW power plants

Last Updated: Monday, May 11, 2015, 15:01

The scheme provides for a per-unit tariff subsidy from the Power System Development Fund (PSDF).

Rs 400 cr loss to Petronet LNG last fiscal

Last Updated: Sunday, May 10, 2015, 18:28

Petronet LNG has suffered a loss of Rs 400 crore in the last fiscal due to difficulties in getting land for laying pipelines for connecting the Rs 4,000-crore Kochi LNG terminal with demand centres in Karnataka, a top official said Sunday.