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ABFPL bags NTPC contract

ABFPL bags NTPC contract

Alstom Bharat Forge Power Ltd (ABFPL), the joint venture company of Alstom and Bharat Forge has bagged contract worth Rs 1,136.5 crore from NTPC for the supply of plant equipment for the Tanda coal power plant in Uttar Pradesh.

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Govt striving for allocation of coal blocks: Minister

Govt striving for allocation of coal blocks: Minister

Union Coal Minister, Sriprakash Jaiswal on August 20 said that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI.

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Power plants may get gas from new fields of ONGC, GSPC

Power plants may get gas from new fields of ONGC, GSPC

By 2016, natural gas-based power plants may get about 6-10 million standard cubic feet per day (mscmd) of gas from the new fields of ONGC (Oil and Natural Gas Corp) and GSPC (Gujarat State Petroleum Corp). Supply of gas from these new fields may compensate partially the shortage of gas owing to reduction in output from Reliance Industries (RIL)Â’s KG-D6

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Iraq denies crude oil at special price to India

Iraq denies crude oil at special price to India

Iraqi Deputy Prime Minister for Energy Hussain Ibrahim Saleh al-Shahristani said the country could not sell crude oil at a concessional price to India as its laws do not allow such a move. Iraq is the second-largest supplier of oil to India, which imports about 20 million tonne of crude oil from the gulf nation annually

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Minister stresses need to attract investment in oil and gas sector

Minister stresses need to attract investment in oil and gas sector

In order to attract investment in the oil and gas sector, the government must take key reforms and the recent hike in natural gas price is a step in this direction, union oil Minister M Veerappa Moily remarked in a media. He pointed out that India was losing out to China when it comes to attracting investment in oil and gas sector from multinational companies. He also said that China has also taken decision to hike natural gas price to attract inve

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Ministry examines proposal on pricing of KG D6 gas

Ministry examines proposal on pricing of KG D6 gas

Union petroleum ministry is examining the proposal of the Finance Ministry to ask Reliance Industries (RIL) to sell natural gas at lower rates ($4.2 a unit) for the supplies it still owes. In a recent letter to the petroleum ministry, the finance ministry suggested that the government must subject gas producers to closer regulation, especially on the