RIL will sell the natural gas it produces from coal seams in Madhya Pradesh to its own units in Gujarat and Maharashtra at $4.23 per mn British thermal units.
Category: Magazine News
Domestic Content Policy
In a big boost to ‘Make-in-India’, the Cabinet Committee on Economic Affairs on April 12, 2017 approved a policy under which manufacturers or service providers in oil & gas sector, who meet the local content targets and whose quoted price is within 10 pc of lowest valid price bid, would be eligible for 10 pc […]
Tariff Pooling
24×7 quality power at affordable tariff is the key for economic development for any country, especially for the developing nations. For this, efficiency at every level – generation, transmission, distribution and collection – is necessary.
UP: 24×7 Power For All
On April 14, 2017, the Uttar Pradesh government and the centre entered into an agreement which promises to provide 24×7 power supply to all the households in the state. The ‘Power For All’ pact was signed in the presence of chief minister Aditya Nath Yogi and union minister Piyush Goyal at Lucknow.
Chinese
The government has appointed REC Transmission Projects Ltd (RECTPCL) and PFC Consulting Ltd (PFCCL) as the nodal agencies for inviting bids for development of various inter-state transmission schemes in the country. Chinese companies or their subsidiaries are also participating in the bids invited by them (see table). During 2013-14, there was no participation from any […]
Hydro Power
In the FY 2017, the contribution of Hydro power in generation of total electricity was 10 per cent. Himachal Pradesh tops the list, followed by Jammu & Kashmir and Uttarakhand. These three states alone contribute 55 per cent of the hydro power generation.
Electrification Data
The Modi government is now aiming to focus beyond electrification of villages. It has started collecting data about the electrification of individual rural households (HH). As per the information provided by the States & UTs in the GARV-App-II (as on 29.03.2017), there are about 17.88 crore rural households in the country. Out of these, about […]
MoP
Barring NTPC, which is facing fierce competition from the private sector, all the state owned companies under power ministry are reporting higher profits year after year. The details of their performances in the last five years are given in the tables.
Oil & Gas
Effective Sales Taxes on petrol & diesel is very high in many states. Madhya Pradesh tops the list followed by Andhra, Maharashtra, Karnataka, Punjab and Telangana. In the last three years, the states have increased the taxes, while the centre has also increased the central excise duty (CED) from time to time. However, the central […]
Open Acreage Licensing
India has announced an open acreage licensing policy (OALP) for oil and gas exploration, allowing bidders to carve out areas. It will conduct auction under OALP twice a year (January & July), with the first round being held in July this year, oil minister Dharmendra Pradhan said.
LPG to BPL Women
With a view to provide clean cooking fuel to BPL (Below Poverty Line) households in the country, the government had launched Pradhan Mantri Ujjwala Yojana (PMUY). Under PMUY, 5 crore new LPG connections to BPL households, identified through Socio-Economic Caste Census (SECC) data 2011, will be released by 2018-19. Connections are released in the name […]
Stats
The calorific value of natural gas varies from basin to basin and field to field. The average calorific value of natural gas produced in India is between 8000 to 9480 K cals/Cubic Metre. The calorific values of other petroleum products are given in table-1