In order to boost its capacity by 50 per cent in the coming three years, GAIL India plans on adding 5,500 km gas pipeline.
Tag: LNG
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We will invest Rs.7,000 crore in port expansion
We have designed this port for the future, keeping in mind the volumes of inbound and outbound trade (that) is likely to happen. Our plan is to bring a Valemax-size vessel which can carry 400 thousand tonnes of iron.
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Centre wants to curb oil imports, will encourage use of alternate fuels
The country is planning to reduce its dependence on oil imports and turn to use of alternate fuels. Fuels like ethanol are already being utilised by a few players in the Indian transportation sector.
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Power Equations
Prime Minister Narendra Modi said that the Goods and Services Tax (GST) holds the potential to improve IndiaĂ´s energy efficiency by enabling more efficient long-haul transportation across India. He was speaking after inaugurating the Petrotech 2016 conference on December 5, 2016, in New Delhi where he added, Ă´At the moment, the piped natural gas network in India is 15,000 km in length.
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Wartsila to supply LNG satellite terminal to Raahe, Finland
Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Raahe, Finland. An EPCI (engineering, procurement, construction and installation) contract has been signed with energy company, Raahen Voima.
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Volatile fuel prices will reduce reliance on conventional fuels
Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has announced big investments in IndiaĂ´s ports and roads sector. These investments are the first step in economic growth, as well-laid infrastructure is a crucial need for improving the efficiency of cargo flow.
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LNG more viable than coal
India is already among the worldĂ´s largest energy consumers. Urbanisation, industrialisation, and the governmentĂ´s commitment to 24 x7 energy access for all imply that our need for power will continue to grow.
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Foreign fleet owners may gain
An Indian cabinet decision to decentralise shipping arrangements for import of cargo owned or controlled by government departments and state-owned firms will remove an assured business opportunity for local fleet owners.
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NTPC among LNG subsidy bidders
The second day of imported re-gasified liquefied natural gas (RLNG) auction saw gas-based power plants, with a combined capacity of 3,401 MW
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Bidding to rescue power plants
Bidding process to rescue stranded power projects worth Rs 60,000 crore has begun with the companies putting in bids