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business-standard.com December 12, 2018

Buoyed By Coal, Major Ports See 5% Rise In Traffic Volumes In Apr-nov | Business Standard News

POL cargo made up by crude oil, refined products, LPG and LNG witnessed a tepid growth of 2.98 per cent.
Read by 47% of LPs

business-standard.com December 07, 2018

Up Seeks Rs 55 Billion Investment In Bundelkhand Green Energy Corridor | Business Standard News

The Uttar Pradesh government seeks private investments worth Rs 55 billion in the proposed Bundelkhand green energy corridor that is expected to generate 4,000 megawatt (MW) solar power.
Read by 69% of LPs

business-standard.com December 05, 2018

Cargo Growth To Continue Driven By Crude, Containers: Study | Business Standard News

The prospects of the Indian port sector are favourable, supported by healthy growth in cargo of volume drivers like crude and coal, and over the medium to long-term, it will continue to gain traction, ratings agency Icra expects. Giving the sector a stable year-end outlook, the agency said cargo growth has been driven by domestic requirements of crude oil to meet domestic petroleum requirements, and containers, given the cost and logistical advantages associated with containerisation.
Read by 63% of LPs

daijiworld.com November 30, 2018

Great Eastern Energy To Invest $2 Bn For Shale Gas Development

New Delhi, Nov 30 (IANS): The Great Eastern Energy Corporation (GEECL) on Friday said it would invest $2 billion over the next 10 years for shale gas exploration and development from its Raniganj block in West Bengal.In a statement, GEECL said it expects to start the initial shale gas exploration work of drilling core wells in the first half of next year. "Depending on the results obtained and analysed from the core wells, we thereafter intend to drill an optimum number of pilot production wells.
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prnewswire.com November 30, 2018

All Fired Up! Duke Energy's New $1.5B Natural Gas Power Plant Opens To Serve 1.8 Million Floridians

CRYSTAL RIVER, Fla., Nov. 30, 2018 /PRNewswire/ -- Duke Energy's 1.8 million customers in Florida are now receiving 1,640 megawatts of cleaner-burning, highly efficient energy from the company's new state-of-the-art combined-cycle natural gas plant in Citrus County, Fla. The station...
Read by 58% of LPs

zeenews.india.com November 30, 2018

Growth Of Eight Infrastructure Sectors Slows To 4.8% In October | Economy News

These eight segments comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). : These eight segments comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 percent in October 2017. Crude Oil production declined by 5 percent, Natural Gas production by 0.9 percent and fertilizers production by 11.5 percent in October.
Read by 67% of LPs

business-standard.com November 30, 2018

Geecl To Invest USD 2 Bn To Exploit Shale Gas Reserves | Business Standard News

Great Eastern Energy Corp (GEECL) will invest up to USD 2 billion over the next 10 years in its Raniganj (south) block in West Bengal to exploit shale gas reserves, its chief executive Prashant Modi said. GEECL's coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said. The company expects to start initial shale gas exploration work of drilling core wells in the first half of next year.
Read by 78% of LPs

moneycontrol.com November 30, 2018

Geecl To Invest $2 Bn To Exploit Shale Gas Reserves

GEECL#39;s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said.
Read by 49% of LPs

livemint.com November 29, 2018

Geecl Anticipates $2B Investment In Raniganj (south) Block For Shale Development

This comes in the backdrop of India pushing for a gas-based economy. : New Delhi: Great Eastern Energy Corp. (GEECL) is looking at an investment of $2 billion for fully developing the shale resources at its Raniganj (South) block in West Bengal, according to a company statement. This comes in the backdrop of India pushing for a gas-based economy, with more than 70% of India's population across 400 districts to get access to city gas distribution (CGD) network once the work is completed after the 10th bidding round.
Read by 30% of LPs

business-standard.com November 29, 2018

Geecl Investment: Geecl To Invest $2B In Shale Exploration, Development Business | Business Standard News

GEECL is producing CBM gas from Raniganj (South) block in West Bengal which covers 210 square meter with 9.25 trillion cubic feet of original gas in place (OGIP)
Read by 58% of LPs