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CIL to invest Rs 300 bn

CIL to invest Rs 300 bn

Coal India (CIL) plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.

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ONGC to develop 50 gas fields

ONGC to develop 50 gas fields

Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.

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Shale gas: The new kid on the energy mix block

Shale gas: The new kid on the energy mix block

While we have made good progress with CBM, shale gas presents an opportunity we cannot afford to neglect when looking at a viable option for our energy sufficiency. The government will soon come out with a policy on what is acclaimed as the newfound energy saviour.