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Crude oil production up

Crude oil production up

India’s crude oil production rose by 1.6 per cent in August to 3.24 million tonne as higher output from Cairn India operated Rajasthan fields offset the decline at the state oil and gas explorer ONGC’s assets. Cairn’s Rajasthan oilfields produced 542,000 tonne, 1.8 percent more than August 2010. On the other hand, ONGC saw a decline in output by 1.1 percent to 2.03 million tonne.

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Tata Power to run Mundra UMPP at low capacity

Tata Power to run Mundra UMPP at low capacity

Tata Power Company is preparing contingency plans to minimise loss from running the plant as the cost of imported coal from Indonesia has risen sharply. The company plans to run the 4,000-MW Mundra unit at low capacity, at around 72-78 percent, and is considering blending the fuel with che­aper coal of low calorific value to reduce cost of generation.

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Entry tax on vehicles

Entry tax on vehicles

The Rajasthan government is mulling over levying entry tax on commercial vehicles entering the boundary of Jaipur municipality to fund its ambitious project of Jaipur Metro.

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RSMML to foray into CGD

RSMML to foray into CGD

Rajasthan government owned mining company Rajasthan State Mines and Minerals (RSMML) is firming up plans to foray into city gas distribution (CGD) business.