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Coal India's Contribution to Govt Exchequer Drops by 0.6% in H1 FY25
Coal India Ltd (CIL), the state-owned coal giant, reported a slight decrease of 0.6% in its contributions to the government exchequer for the first half of the current fiscal year. According to provisional data from the coal ministry, CIL paid Rs 289.3 bn in levies during the April-September period of FY25, down from Rs 291.22 bn during the same period last year. CIL, which produces over 80% of India’s domestic coal, saw its total payments to the exchequer for September drop significantly by 11.1%, from Rs 48.79 bn in FY24 to Rs 43.35 bn in FY25. These payments are derived from various levie..
ONGC to Establish Mini-LNG Plants to Utilize Stranded Natural Gas
State-owned Oil and Natural Gas Corporation (ONGC) is embarking on a project to set up mini-LNG (liquefied natural gas) plants aimed at evacuating natural gas from wells in regions that lack pipeline connectivity. The initiative targets five sites across Andhra Pradesh, Jharkhand, and Gujarat, where mini plants will be established at wellheads to convert natural gas into LNG by supercooling it to minus 160 degrees Celsius. Project Overview The produced LNG will be transported via cryogenic trucks to the nearest pipeline, where it will be re-gasified and injected into the network for distributi..
Adani Energy signs agreement for electricity transmission in Kenya
Adani Energy Solutions, part of Indian billionaire Gautam Adani's conglomerate, has signed a 30-year agreement to build and operate electricity transmission lines in Kenya, as announced by Energy Cabinet Secretary Opiyo Wandayi. The pact, made with the Kenya Electricity Transmission Company Ltd (Ketraco), aims to enhance the country's transmission infrastructure amid ongoing power blackouts. Wandayi emphasized that the initiative will involve the development, financing, construction, operation, and maintenance of critical transmission lines and substations throughout Kenya. Adani Energy Soluti..
