Great Eastern Energy Corp (GEECL) took objection to the government's move to bring all forms of natural gas under the pricing regime suggested by the Rangarajan committee formula and approved by the cabinet recently. This essentially means that the coal bed methane (CBM) gas produced from coal seams would also come under the pricing formula suggested by the Rangarajan com
Category: Power & New and Renewable Energy
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Stemcor holds parleys with JSPL on selling local unit
Unconfirmed reports indicate that Stemcor is holding discussion with Jindal Steel and Power (JSPL) to sell its Odisha-based unit, Brahmani River Pellets (BRPL). BRPL, which is a unit of the US-based steel trader, owns a pellet plant at Jajpur in Odisha. The pellet plant gets iron ore through a 220-km underground slurry pipeline from BRPL's 4-million tonne per annum bene
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Power producers lobby for diversion of gas
Power developers who run natural gas-based power plants are lobbying for the diversion of gas supply from the fertiliser sector and lowering of the plant capacity for recovery of fixed costs and assured return on equity. Amish Shah of Credit Suisse Research said this in a recent report. Owing to shortage of gas supply, power plants of Lanco, GMR, GVK, Essar, NTPC, RGPPL, Torrent, VBC Group — with a total capacity of 9,861 mw — are funct
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Govt to decide on diverting gas to power sector
Government would decide on whether to increase the supply of natural gas to power sector by diverting a part of the existing supply to fertiliser sector. Fertiliser plants in India get 43.6 mscmd of natural gas at present. Of this, 19.5 per cent (8.5 mscmd) comes from imported liquefied natural gas (LNG). Some reports indicate that the fertiliser plants may have to import 45-50 per cent of their total gas
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GEECL announces rise in CBM output from Raniganj block
Great Eastern Energy Corp (GEECL) achieved 18 per cent growth in the production of coal-bed methane (CBM) from its Raniganj block. Gas output from the block rose to 20.40 million standard cubic feet per day or 0.5776 mmscmd, from 17.3 mmscfd (0.4898 mmscmd) last month. GEECL is the first company in the country to produce gas from coal seams (CBM). Its main asset is a 210 squa
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GEECL draws plan to explore CBM blocks
Great Eastern Energy Corporation (GEECL), which is the country's first producer of coal bed methane (CBM) gas in India, prepared an aggressive programme for exploring and developing the blocks. The programme envisages drilling 300 production wells in its Raniganj (South) block, West Bengal and 50 core wells and 30 pilot production wells in its Mannargudi block
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Odisha to bring in policy to generate more solar power
The Odisha government has decided to formulate a solar policy soon to promote solar power generation in the state. The policy will help streamline production, utilisation and management of solar energy in Odisha. The State Science and Technology Minister Ramesh Majhi said that the government has sought suggestions from different government and private institutions and organisations. After verification, valuable suggestions will be incorporated in the policy, which will be launched in the next fe
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Minister seeks special dispensation for gas to power plants
Central government must give special dispensation for allocation of natural gas to power and fertiliser sectors, union Minister of State for Power Jyotiraditya Scindia informed reporters at Toronto. Scindia asserted that in terms of pricing, either in the form of subsidies or differential pricing, government must give special dispensation for supply of gas to these two sectors, the minister said
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JNPT invites bids for wind energy plant
Agency reports indicate that Jawaharlal Nehru Port Trust (JNPT) invited bids from firms to set up a 7 mw wind power plant at a cost of Rs 48 crore to meet its energy requirement. The proposed plant may help the port save around 30 percent on energy costs, agency reports indicate. In order to reduce its dependence on power from outside sources, the port plans to set up renewable ener
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Coal transloading project set to be completed
Inland Waterways Authority of India (IWAI) has reportedly completed most part of the transloading project for ferrying coal from Haldia port to Farakka thermal power plant of NTPC. IWAI is a facilitator of the coal transportation project and will play a key role in ensuring navigability. The c