Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sourcesThe project cost of Dhamra LNG terminal is Rs 6,450 crore, the sources said responding to Moitra's assertion that the terminal to import na...
29 Oct, 2023, 07.28 PM IST
GAIL shares jump over 4% to fresh 52-week high on UBS’ upgradeUBS has put a price target at Rs 150 for GAIL arguing that the utility nature of the business could lead to re-rating in the stock. India's...
31 Jul, 2023, 10.37 AM IST
IGX starts operations from two more gas hubs at Dabhol, JaigarhH-Energy through its wholly owned subsidiary, Western Concessions Private will shortly commence operations of India's first floating storag...
21 Apr, 2021, 07.22 PM IST
APP asks power ministry to reintroduce gas subsidy scheme to revive power plantsThe body has also sought dedicated allocation or auction of gas for power sector and inclusion of natural gas under goods and services tax ...
21 Dec, 2020, 02.27 PM IST
Govt shelves a proposed revival scheme for the country's 24,000 MW gas-based projectsPower and renewable energy minister R K Singh told ET that the government will allow all conventional sources in the next tender to support...
08 Oct, 2020, 11.55 PM IST
Low gas prices may help revive power assetsIndustry experts said warmer winters in Korea and Japan, restart of Japanese nuclear power plants and Covid-19 outbreak coupled with increa...
14 Feb, 2020, 10.59 AM IST
Two schemes floated to revive stranded gas-based power unitsThe schemes include procuring 2,000 MW from gas-based plants through auction and bundling it with an equal capacity of solar power. Another...
07 Jan, 2020, 11.26 PM IST
Power ministry proposes reverse e-auction for gas-run plantsThe power plants are proposed to be run on imported LNG to be made affordable through haircuts by central, state governments, power compani...
30 Jun, 2019, 11.20 PM IST
Even bear hugs can’t hold these stocks downAbout 15 stocks have outperformed the broad index (BSE500) in the past five bearish cycles.
11 Oct, 2018, 08.47 AM IST
Petronet has enough fuel for the long runThe new pipeline will tap potential demand for 1 million tonnes of gas from clients such as MRPL.
25 Jan, 2018, 08.29 AM IST
To revive projects, gas-based power companies seek subsidised natural gas importsThe 25,000MW gas-based domestic plants, of which over 14,000MW are stranded, have a debt of more than Rs 48K-crore.
04 Dec, 2017, 11.39 PM IST
PMO steps in to give Dabhol Power Project new lease of lifeThe PMO may ask the Maharahstra state government to waive off state-wise transmission charges and transmission losses, and also waive off t...
02 Mar, 2017, 12.31 AM IST
Rising gas demand to fuel Petronet LNG’s earningsLNG demand increased by 26% in the first five months of FY17 after rising 15% in FY16. In September, the gas import was at a record high of...
18 Oct, 2016, 10.19 AM IST
E-auction for allocation of imported regasified liquefied natural gas to begin on May 12Regasified LNG imports can light up 9,000 mw of stranded power plants.
11 May, 2015, 02.13 PM IST
Hiranandani Group awards contract to Sener-Afcons for LNG facilityHiranandani Group awarded a contract to Sener-Afcons J.V. for an 8 mn tonnes per annum LNG import, storage & regasifications terminal in Ma...
16 Oct, 2014, 08.59 PM IST
Gas price revision a step forwardThe Union Cabinet's decision to double the domestic natural gas price is in keeping with the ground reality of dearer gas prices.
29 Jun, 2013, 03.04 AM IST
Profitability impacted due to fall in regasification volumes: Dr A K Balyan, Petronet LNG"We had a phase in between when the spot prices had gone much higher to the level of $18-19 which was not very affordable in the Indian mar...
01 May, 2013, 01.57 PM IST