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New family of cameras for hazardous environments

New family of cameras for hazardous environments

Munich ? Bosch announces the launch of EXTEGRA IP 9000 FX, a new family of explosion-proof IP cameras developed for safe operation in hazardous environments. No matter whether it is exceptionally hot or cold (-50° to ?° Celsius), the lighting conditions are extremely poor, the monitored objects are far away, or there is a high level of moisture or dust, the new EXTEGRA IP 9000 FX cameras deliver the highest quality of security relevant images.

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The new gas pricing policy is a step in the right direction

The new gas pricing policy is a step in the right direction

The government has highlighted Oil & Gas (O&G) as a priority sector as part of its ´Make in India´ campaign. The focus in O&G will be on Oil Field Services and Equipment (OFS). An interesting model could be Malaysia and Dubai kind of service hubs on the east coast and west coast of the country.

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Govt to decide on diverting gas to power sector

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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Power producers lobby for diversion of gas

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 release shale gas policy soon

Govt to release shale gas policy soon

With the government initiating pricing reform in the natural gas sector, it plans to release the shale gas policy shortly and auction blocks for producing the unconventional fuel, media reports indicate. Also, the government will launch tenth bidding round for oil and gas blocks under new policy, media reports suggest. As part of its overall economic reform initiative, the government the government recently raised the price of domestic natural gas to $8.4 per unit from the present price

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Govt hiked gas price to hit power, fertiliser firms

Govt hiked gas price to hit power, fertiliser firms

As the Union government hiked gas price on June 28 will benefit a lot the government-owned Oil and Natural Gas Corp (ONGC) and private major Reliance Industries (RIL), power and fertiliser companies will see their fuel costs shooting up substantially. As the power industry, a major consumer of natural gas, operates on the principle of pass-through of fuel costs to consumers, Indian consumers will have to shell out more for electricity, say analysts.

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CCEA clears proposal to hike gas price to $8.4 per unit

CCEA clears proposal to hike gas price to $8.4 per unit

On the basis of the suggestions made by the Rangarajan committee, the Cabinet Committee on Economic Affairs (CCEA) decided to raise the price of domestic natural gas, from $4.2 to $8.4 a million British thermal unit (mBtu), from April 2014. Once the new price is adopted, it would be revised on a quarterly basis for a period of five years, reports indicate

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Impact of gas price hike on other sectors

Impact of gas price hike on other sectors

According to some estimate, an increase in the price of natural gas by $1 would result in fertiliser plants taking a hit of Rs 3,155 crore per annum for producing 23 million tonne (mn t) of urea in 2013-14 and Rs 4,144 crore a year for 32 mn t from 2017-18. As for the power sector, the the impact of every dollar increase in the price of natural gas would be about Rs 10,040 crore per annum for generating 28,000 mega watts power