The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas, Dharmendra Pradhan said that in the Budget 2014-15 it is proposed to accelerate production and exploitation of coal bed methane (CBM) reserves.
FlashNews:
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GVKs Tokisud production
GVK Coal (Tokisud) Company, a subsidiary of GVK Power & Infrastructure Ltd, expects to start coal production at its Tokisud mine in Jharkhand and supply the fuel to the parent companys 540-MW Goindwal Sahib thermal power plant in Punjab by November
Coal India hit by equipment flaws
Coal India Ltd (CIL) is facing the basic problems of not having enough mechanical shovels, dumpers and explosives. The new government, which has a 90 per cent stake in the $40 billion company,
Target set for captive coal mining production
Coal Ministry has set a captive coal production target of 68-million tonne during 2014-15 from all blocks allocated to various companies for own fuel use
Cairn to extend Rajasthan block
Cairn India has sought partner ONGCs nod for extension of the licence of their prolific Rajasthan oil block beyond the contractual deadline of 2020.
Gangavaram Port to set up LNG terminal
The Infrastructure and Investment Department of the Government of Andhra Pradesh has accorded permission to Gangavaram Port to set up an LNG terminal in a joint venture with Petronet.
New oil & gas exploration norms
The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas, Dharmendra Pradhan, said that to increase domestic exploration, the government has taken several policy measures such as New Exploration Licensing Policy,
BCCLs Sijua handling plant
Bharat Coking Coal Ltd (BCCL) plans to set up a coal handling plant at Tetulamri, Sijua area in Dhanbad district of Jharkhand.
Cairn to double gas output
Cairn India Ltd is planning to double gas output from its Barmer basin in Rajasthan by the end of the current fiscal. The company has estimated its Rajasthan gas reserves at one trillion cu ft (tcf).
Adani plans 5,000 MW power plants
Gautam Adani plans to acquire power plants with a total capacity of 5,000 MW. The Group is in talks with several power sector players, including GMR, Lanco, Indiabulls, Avantha Power and Athena

