NTPC
NTPC needs additional gas from KG
State-run power producer NTPC is likely to sign contracts next week to buy an additional 1.51 million cubic meters a day of gas from Reliance Industries at government-approved price of $4.2 per mmBtu.
The additional gas would be used at NTPC’s Anta and Auriya plants in Rajasthan, Dadri unit in Uttar Pradesh and Faridabad plant in [...]
RIL’s refining margins to flare up
Reliance Industries’ (RIL’s) move to acquire Luxembourg-based petrochemicals firm LloyndellBasell for $14.5 billion did not materialise. But, its recent announcement of forming a joint venture with Atlas Energy to develop shale gas acreage (RIL’s net share at 5.3 trillion cubic feet) involving an investment of almost $5 billion over ten years indicates the company continues [...]
NTPC to buy 1.5 mmscmd more gas from RIL
State-owned power utility NTPC will buy an additional 1.5 million cubic meters a day of gas from Reliance Industries at government-approved price of $4.2 per mmBtu to feed its power plants in north India.
The government had allocated NTPC 4.46 mmscmd of gas from RIL’s eastern offshore KG-D6 fields but it currently draws only 1.81 mmscmd [...]
Gas production surpasses oil for the first time in 2009-10
Natural gas from Reliance Industries’ prolific D6 field has generated savings worth thousands of crores of rupees for power and fertiliser companies, the main users of the gas.
Commercial production from the field in the Krishna Godavari (K-G) basin started on April 2 last year.
The gas-based power industry is estimated to have saved Rs 6,000 crore [...]
Reliance Industries to supply 3 times more natural gas to NTPC
State-owned power utility NTPC Ltd has tripled the volume of natural gas it buys from Mukesh Ambani’s Reliance Industries at the government-approved price of USD 4.2 per mmBtu, to 1.81 million standard cubic meters a day.
NTPC, which till last month was taking 0.61 mmscmd from RIL’s eastern offshore KG-D6 field, has begun drawing an additional [...]
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