The government’s plan for bidding out the shale gas blocks for exploration has been postponed till 2013, and it seems India is in the dilemma of how to take its shale gas initiatives forward in policy. The delay points to a debate on the environmental hazards. Given the greater likelihood of groundwater contamination, will shale gas be a reality in the near future? Sudheer Vathiyath explores.
Tag: US
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GAIL clinches cheap gas import deal
GAIL India managed to clinch a deal to import natural gas from a US-based company for deliveries from 2016-17 at the Henry Hub-benchmarked price, which is lower than the Japanese Crude Cocktail (JCC).
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Rs 120 bn refinery in AP
Amerind Petroleum (Amerind) proposes to set up a neaÂrly Rs120 billion petroleum refinery near Visakhapatnam, in joint technical collaboration with the US-based American Industrial Corporation (AIC).
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ONGC looks for foreign partnership in oil hunt
The state-run ONGC is exploring the possibilities of a tie-up with gloÂbal companies to boost its domestic deep-water hydrocarbons hunt. On offer are 19 oil and gas acreages, including the east coast ultra-deepwater gas diÂsÂcovery
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India to bid for shale gas exploration
In order to meet the growing energy needs, India will lauÂnch its maiden bid round for exploration of shale gas during the 12th Plan period (2012-17). As per the available data, six basins - Cambay (in Gujarat), Assam-Arakan (in the North-East)
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US eyeing Indian infra sector
The US is scouting for a bilateral investment treaty with India eyeing on the huge business opportunities in building India's infrastructure. Given that 80 per cent of the infrastructure of 2030 has yet to be built,
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The Flag-off
The inaugural Indian Grand Prix was a grand success. Many in the Formula One world might have wondered if India is capable of pulling of such a big feat. When the world champion Sebastian Vettel won India's first ever Formula One,
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RPower's Samalkot project
The 2,400 MW gas-based Samalkot power project of Reliance Power is gathering steam with all six turbines from US based GE arriving in India.
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FM pitches to US investors for infra projects
Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee inforÂmed the gathering that his government was working towÂards building a consensus on a number of pending policy issÂues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy
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Infra concerns in India, US comparable: Pressler
India infrastructure investment conference in New York emphasised India’s high investment potential, the need for more liberalisation, and citizens’ role in taking advantage of a democratic system to elect visionary leaders who can ensure continued investment opportunities.