Coal News We love to talk!
The Ministerial panel meeting, which was to be held on Monday to consider making fuel available for gas-starved power units, was postponed.
The Empowered Group of Ministers, headed by Defence Minister A.K. Antony was put off following a bereavement in the family of the Minister of Petroleum and Natural Gas M. Veerappa Moily.
Sources said a new date for the meeting had not been decided.
Last week, the panel rejected a proposal to divert some of the 14 million standard cubic metres per day (mmscmd) of KG-D6 gas from the fertiliser plants to power units.
The fertiliser units, which manufacture urea, currently consume all the 14 mmscmd of gas produced from the Reliance Industries-operated East Coast block KG-D6. The panel was expected to discuss the methodology for making available gas to the power sector, both on a short-term and long-term basis.
With gas output at KG-D6 constantly declining and no other gas find getting commercial immediately, the panel was expected to consider whether all core sectors fertiliser, LPG, power and city gas distribution entities (for cooking and transport sector) should be accorded equal priority and re-distribute the available gas among them on a pro-rata basis based on the signed gas supply agreements.
The current output from D6 block is less than 15 mmscmd, which is not sufficient to meet even the core sector allocation made earlier.
While the Power Ministry has been making a strong case for considering gas-based power plants as a priority sector for gas allocation, the fertiliser industry had demanded that the status quo to be maintained. Fertiliser, currently, is a priority sector while there have been no supplies to the power sector since March.
- LPG subsidy for people above Rs 10 lakh income might be stopped: Union Minister M Venkaiah Naidu Read more
- PSERC allows PSPCL to procure power from solar PV projects totalling 229 MW Read more
- RIL arbitration on KG-D6 block issue: Ex-CJI SP Bharucha recuses himself from the case Read more
- New experts panels fast tracks dirty energy projects Read more
- Tariff in Haryana goes up but Cross Subsidy for Industry reduced Read more
- Vasundhara Raje backs longer Barmer contract for Cairn India Read more
- West Delhi gets new power station Read more
- Fuel retailers consider differential pricing as competition mounts Read more
- Government may ask Supreme Court to waive forest clearance norm to build new power lines Read more
- APERC chief, members resign Read more