The Cabinet Committee on Economic Affairs (CCEA) today cleared the execution of the 100 MW Tripura Gas- based Power Project in the Central sector. North Eastern Electric Power Corporation Limited (NEEPCO) would implement the project.

The efforts of ONGC, Tripura Asset to quadruple its gas production target to 6 MMSCMD by 2012 got a major boost with the conversion of 933 sq km Petroleum Exploration License (PEL) area to the oil giant.

This will facilitate the Asset to further intensify the exploration activities in the State, according to an official release.

New Govt May Also Withdraw Dual Pricing Of Kerosene & LPG

POLITICALLY tough decisions such as free-market pricing of fuels such as petrol and diesel may happen sooner than expected now, with the election of India

CHENNAI: Challenges faced by oil sector and growing energy demand were discussed at a two-day seminar on

At least four more blocks in Assam-Arakan basin including two each in Assam and Manipur have been thrown open for bidding under the NELP- VIII. At least one block of Coal Bed Methane

To get priority over petrochemical and power projects in gas supply.

The government has promoted the city gas distribution (CGD) project, for which the first round of authorisation is underway, to the second spot in its priority list for gas utlilisation. The first spot is held by the fertiliser sector.

New Delhi: After helping clean up the air in Delhi and Mumbai, flagship gas utility GAIL now plans to pump Rs 1,000 crore into greening the highways by setting up 2,000 CNG (compressed natural gas) stations along major routes, even as it is chasing a target of wheeling about 95 million tonnes of natural gas to fire up industries around the country.

New Delhi: With the union cabinet clearing proposals of the West Bengal, Andhra Pradesh and Gujarat governments for setting up Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) in their territorial domain, a major hurdle has been removed in the way of investment worth more than Rs 4,50,000 crore in PCPIRs, chemicals minister Ram Vilas Paswan said today.

RETAIL prices of diesel may go down further by Rs 2 soon as the government looks to hike its goodwill quotient among voters before the code of conduct kicks in for the general elections slated for April-May.

A cut in diesel prices could bring down prices of essential commodities such as rice, edible oil, fruits, vegetables, eggs and milk, auguring well for voters and the economy.

AP, GUJARAT, WEST BENGAL GET APPROVAL TO SET UP PETROCHEMICAL HUB SPREAD OVER 250 SQ KM
NEW DELHI

The Union Cabinet on Monday approved proposals to set up petroleum chemicals and petrochemical investment regions (PCPIR)