Cochin Shipyard to deliver green hydrogen vessels to the Netherlands

KOCHI: The Cochin Shipyard on Friday started building two zero emission hydrogen powered feeder container vessels worth Rs 550 crore for Samskip, a leading logistics firm in the Netherlands. The steel-cutting ceremony of the first vessel, held on the Cochin Shipyard premises, coincided with the sustainability day celebrations of Samskip held at its headquarters in […]

Tangedco mulls use of R-LNG to fuel power station

CHENNAI: TANGEDCO is evaluating the feasibility of laying a pipeline to transport Regasified-Liquefied Natural Gas (R-LNG) from Indian Oil Corporation at Ennore to Basin Bridge Gas Turbine Power Station with the assistance of a private consultant. The power station, which has four units with each unit capable of generating 30 MW, was operated using naphtha […]

Petroleum minister hints at possible reduction in domestic fuel prices

NEW DELHI: Petroleum minister Hardeep Singh Puri on Friday hinted at a possible reduction in fuel prices in the country if the oil marketing companies (OMCs) turned out to be in profit in the fourth quarter. The minister, speaking on the sidelines of UN Global Compact Network India’s (UNGCNI’s) 18th National Convention, also mentioned that […]