In an attempt to reduce the operating cost of locomotives, Indian Railways plans to set up a locomotive prototype equipped with a single gas turbine operating on LNG. For this purpose, the Research Design and Standards Organisation (RDSO), which is the research arm of Indian Railways, sought application from interested contractors who could develop such a locomotive
Author: admin (Infratructure Today)
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JHPL project to be synchronised with gas demand
Ministry of Petroleum & Natural gas or GAIL informed that the completion of Jagdishpur-Haldia Pipeline (JHPL) project would be synchronised with gas demand of the prospective customers and the availability of gas from the east coast. The gas sources considered for JHPL were D-6 gas through Kakinada – Haldia pipeline, ONGC Mahanadi and CBM from Shadol. This information was given by the Minister of State for Chemicals and Fertilisers, Srikant Kumar Jena in a written reply
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Asian firms to compete with India for overseas assets
Reports suggest that Indian oil companies that attempt to acquire overseas energy assets may find stiff competition from Asian countries like Japan and China. Oil companies in Japan are said to be on a quest for upstream assets overseas, often with strong state support as the government tries to reduce reliance on atomic power after the Fukushima disaster. China, which was a major crude oil importer from Iran, had to reduce reliance on oil from the Gulf company follo
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HPCL to raise $350 mn via issue of bonds
Hindustan Petroleum Corporation (HPCL) plans to raise around $350 million this year through issue of bonds to overseas investors, reports suggest. While the company is working on raising $400 million in external commercial borrowings (ECB), it plans to raise another $350 million through issue of bonds to overseas investors. HPCL is reportedly securing ratings for the bond issue
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AP LNG plant may handle 3.5 mn t gas
The LNG floating and processing plant near Kakinada in Andhra Pradesh would handle 3.5 million tonne of gas per annum when it becomes operational, reports suggest.The plant, which is being jointly set up by Andhra Pradesh Gas Distribution Corporation, French company GDF Suez and Gail Gas (part of GAIL
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Oil India appoints consultant for 2.5 mn t LNG project
According to company sources, Oil India (OIL) has appointed a consultant to prepare report on its proposed
2.5-million tonne (mn t) liquefied natural gas (LNG) receiving terminal in the country. Geneva-based Foster Wheeler AG is said to be the firm that bagged the consultancy contract for the project, which marks OIL's foray into imported gas. With the proposed LNG terminal, the company will join
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HPCL seeks assured oil supply for proposed refinery
Hindustan Petroleum Corp (HPCL), which proposed to set up a 9 million tonne a year refinery at Barmer in Rajasthan, has asked the oil ministry to give firm allocation of crude oil from Cairn India's oilfields in the state.
The company has reportedly told the oil ministry that
its p
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J&K govt reviews progress of pipeline project
Jammu and Kashmir Chief Minister Omar Abdullah
reviewed the status of progress of the proposed 328 km Bhatinda-Jammu-Srinagar Gas Pipeline Project at a meeting of high level officers and emphasised on early start of work. During the meeting, the chief minister received appraisal of the roadmap prepared to start the work on the proje
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DGH insists on separate testing at discoveries
Reports suggest that two months ago Reliance Industries (RIL) and its partner BP proposed to do a single Drill-Stem Test (DST) on their three finds -D-29, 30 and 31 at KG basin- to establish them as commercially viable finds. However, it is learnt that the Directorate General of Hydrocarbons (DGH) rejected the proposal as it feels that
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Marsh to offer services to Indian energy firms
In a move that may contribute to the growth of the energy sector in the country, Marsh decided to offer insurance broking and risk management services to firms in the sector. The company, which is the Indian subsidiary of Marsh & McLennan Companies, announced the launch of 12th global energy hub in Mumbai. The