Compressed bio-gas: Govt to ‘handhold’ first 100 plants
Petroleum Minister Dharmendra Pradhan had said in November that India was set to receive investments of Rs 2 lakh crore in 5,000 CBG plants. December 24, 2020 3:05:26 am
Petroleum Minister Dharmendra Pradhan had said in November that India was set to receive investments of Rs 2 lakh crore in 5,000 CBG plants.
The government is going to handhold and support investors setting up compressed bio-gas (CBG) plants and ensure that CBG is marketed, Petroleum Secretary Tarun Kapoor said Wednesday.
He added that state governments were also coming forward and would help investors in making sure that land and feedstock for CBG plants would be available.
ONGC starts output at West Bengal’s Asokenagar-1 reserve
Production from the petroleum reserve, located 47 km from Kolkata, has started with the extracted oil being supplied to Indian Oil Corporation’s Haldia refinery, according to the minister. December 21, 2020 5:25:30 am
Petroleum Minister Dharmendra Pradhan inaugurating the Asokenagar-1 reserve. (Source: PTI)
Union minister for Petroleum and Natural Gas Dharmendra Pradhan on Sunday inaugurated production from state-owned ONGC’s Asokenagar-1 well in the Bengal basin in the 24 Paragana district in West Bengal. Production from the petroleum reserve, located 47 km from Kolkata, has started with the extracted oil being supplied to Indian Oil Corporation’s Haldia refinery, according to the minister.
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ONGC opens 8th hydrocarbon producing basin of India
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Last Updated: Jan 25, 2021, 09:43 AM IST
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Synopsis
State-owned Oil and Natural Gas Corporation (ONGC) on Sunday opened India s eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin.
Reuters
State-owned
Oil and Natural Gas Corporation (ONGC) on Sunday opened India s eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin. Oil production commenced from the well Asokenagar-1 in 24 Pargana district, the company said in a statement. The well Asokenagar-1 was completed as an oil producer under an early-monetisation plan issued by the Government of India, it said. With this ONGC has discovered and put to production seven out of the eight hydrocarbon producing basins of India, covering 83 per cent of established oil and gas reserves.
India plans $60 billion investment in gas infrastructure, says Dharmendra Pradhan
The $60 billion spend envisages creating gas infrastructure till 2024, including for pipelines, LNG terminals and city gas distribution networks PTI
Union Petroleum Minister Dharmendra Pradhan (File Photo)
Petroleum Minister Dharmendra Pradhan on December 17 said the government has planned a $60-billion investment for creating gas infrastructure in the country till 2024, and gas share in the energy mix is expected to rise to 15 percent by 2030. Currently, gas accounts for 6 percent in the country s total energy mix.
Speaking at Assocham Foundation Day Week 2020, the minister said, On the investments front, we have envisaged a $60 billion spend in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks. We are ushering a gas-based economy by increasing the share of natural gas in India s pri