State-run Gujarat State Petroleum Corporation (GSPC) announced it has booked 2.25 million tonne per annum (MTPA) natural gas re-gasification capacity offerd by Petronet LNG Ltd (PLL) at its Dahej terminal in Gujarat.

GSPC has contracted the capacity on firm and long-term basis for 20 years. “GSPC will now be able to tie-up Liquefied Natural Gas (LNG) on a long-term basis in the international markets and serve its customers with an assured supply of gas for a longer tenure,” GSPC Managing Director (MD) Tapan Ray said.

The world's largest coal-based power plant is struggling to survive at the back of pricing problems

On Monday, a high-level inter-ministerial panel will take a call on fuel supply for Adani Power’s Rs 25,000-crore imported coal-based power plant at Mundra in Gujarat. The infrastructure and mining major had asked the government to review an earlier decision to cut off domestic coal supply for the flagship 4,620 megawatt (Mw) project. The world’s largest coal-based power plant is already struggling to survive at the back of pricing problems.

All three victims are contract workers; compensation ordered

Three persons were killed in the fire that broke out in a storage tank of the Indian Oil Corporation (IOC) terminal at Hazira, near here, on Saturday. The fire was contained after a 21-hour operation, officials said on Sunday. “The body of one more person was recovered this afternoon [Sunday]. While two persons, whose bodies were recovered earlier, have been identified, we are trying to identify the third,” Surat Collector Jayprakash Shivhare told PTI. “All the three persons… are not regular, but contractual employees.”

Vadodara: The Gujarat Pollution Control Board (GPCB) has issued a closure notice to a chemical manufacturing firm based in Nandesari on the outskirts of the city for discharging effluent in Mini river last month.

The environment watchdog of the state issued a closure notice to Unit-II and Unit-III of Panoli Intermediates (India) Pvt Ltd, which manufactures dye intermediate and other chemicals, on Wednesday.

True to his style of functioning, in less than a week after assuming office starting his fourth innings, Gujarat Chief Minister Narendra Modi has initiated move to implement his most important elec

However, experts from the oil and gas industry feel that the move by company would not bring much relief in the present high price situation

City gas distribution major Gujarat Gas Company Ltd (GGCL) has decided to focus on domestic suppliers for procurement of LNG after its supply contract with BG gorup subsidiary, BG India Energy Solutions Private Limited (BGIES) expired last month. GGCL used to source re-gasified LNG (RLNG) from BGIES. After British Gas Group sold its stake in GGCL in October, 2012, the company has decided to give preference to domestic suppliers. GGCL has PNG customer base of over 350,000 in three cities of Surat, Ankleshwar and Bharuch. It also has close to 200,000 CNG consumers.

The joint venture companies are yet to decide on the quantum of the bond or external commercial borrowings

NPCIL-Nalco Power Company Limited — a joint venture between Nalco and NPCIL (Nuclear Power Corporation of India Ltd) to set up nuclear plants —will raise a term loan of up to Rs 1,500 crore over the next three months to fund the construction of power generation capacities. The joint venture’s board met in Mumbai last week to take stock of the progress of the plant’s construction. B L Bagra, director (finance), Nalco said, “Initially, we are looking for Rs 1,000 to Rs 1,500 crore funding from various banks. We are in talks with the banks and hope to complete the process in the next two-three months.”

AHMEDABAD: In its guidelines "for taking non-forestry activities in wildlife habitats", the Union ministry of environment and forests has stated that each project - which will be cleared by the National Board of Wildlife - will have to secure the final approval from the apex court.

The guidelines, which were issued earlier this week, have made it clear that according to the Wildlife Protection Act, 1972, no construction of commercial tourist lodges, hotels, zoos, and safari parks can be undertaken inside a national park except with the prior approval of the standing committee of National Board of Wildlife. In effect, the guidelines add another step to the approval process.

AHMEDABAD: Gujarat high court sought an explanation from AMC, the Centre and Gujarat Pollution Control Board on the sale of plastic bags in malls and supermarkets.

Alwar: Paucity of funds has stalled the relocation of villages from the Sariska tiger reserve.

According to sources, the relocation of at least seven villages in the Sariska tiger reserve has been stalled since the state forest department is experiencing fund crunch. Not just this, there are several hundred families who have already been relocated from the reserve but have not got the second and third installments of their compensation package.