Natural gas consumption in India is expected to grow by 7 per cent y-o-y to 64.35 billion cubic meters (BCM) in the current calendar year aided by lower prices and rising demand from power and industrial sectors. Also read:Indian Gas Exchange expects 35% jump in gas trading in FY25 According to the International Energy Agency … Read more
Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomises a quagmire for the world’s fastest-growing major economy: how to provide reliable energy to 1.4 billion people. Also read:India’s thermal coal imports climb to a two-year high in January-March 2024 For starters, the 1,050-megawatt coal plant, one of the region’s … Read more
The government has directed companies to operate underutilised gas-based power plants in May, June and extend operations of imported coal-based plants until October 15 to meet anticipated high demand for electricity, as per two government orders. Also read:Natural gas futures at a resistance India registered an 8 per cent rise in electricity consumption in the … Read more
Southern Petrochemical Industries Corporation Ltd. (SPIC) has announced that it has completely transitioned to 100 per cent natural gas as a raw material source for the production of Urea. This will lower the final cost of fertilizer production. Feedstock will now be continuously available with no storage requirements and minimum logistics and freight overheads. Fuel … Read more