Great Eastern Energy Corp (GEECL) took objection to the government's move to bring all forms of natural gas under the pricing regime suggested by the Rangarajan committee formula and approved by the cabinet recently. This essentially means that the coal bed methane (CBM) gas produced from coal seams would also come under the pricing formula suggested by the Rangarajan com
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GEECL announces rise in CBM output from Raniganj block
Great Eastern Energy Corp (GEECL) achieved 18 per cent growth in the production of coal-bed methane (CBM) from its Raniganj block. Gas output from the block rose to 20.40 million standard cubic feet per day or 0.5776 mmscmd, from 17.3 mmscfd (0.4898 mmscmd) last month. GEECL is the first company in the country to produce gas from coal seams (CBM). Its main asset is a 210 squa