Latest news with #RRVUNL
Time of India
4 days ago
- Business
- Time of India
OIL India starts gas production from DSF-III Bakhritiba block in Rajasthan, to scale up output to 100 MSCMD
New Delhi: Oil India Ltd (OIL) has commenced natural gas production from the Bakhritiba block awarded under the Discovered Small Field (DSF) III bid round in Rajasthan's Jaisalmer district. The production has begun at a rate of 67,200 standard cubic meters per day (SCMD), which is planned to be enhanced to 100,000 SCMD (100 MSCMD), according to the Ministry of Petroleum and Natural Gas. The gas output is being supplied to GAIL (India) Ltd and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), the ministry stated. The production comes after successful drilling of three MWP wells within the block's stipulated development period. Petroleum and Natural Gas Minister Hardeep Singh Puri, in a post on social media platform X, said, 'Heartiest congratulations to Oil India Limited (OIL) on setting a benchmark by achieving fast monetization from DSF III block by successfully drilling 3 MWP wells within the development period leading to supply of 67,200 SCMD gas to GAIL/ RRVUNL to be further enhanced to production of 100 MSCMD gas from the Bakhritiba Block in Jaisalmer district in Western Rajasthan.' Puri said the development 'stands as a testimony of OIL's resilience, resolve, and responsibility – delivering energy in challenging frontier environments.' The minister also acknowledged the efforts of the company's operational teams. 'I commend the tireless efforts of the OIL team, who brave extreme conditions every day to ensure steady energy flows. Every hydrocarbon molecule produced fuels India's march towards energy security and self-reliance,' he said. The Bakhritiba field development is part of India's broader effort to enhance domestic oil and gas output by monetising smaller hydrocarbon reserves awarded under the DSF policy.>
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Business Standard
23-05-2025
- Business
- Business Standard
Coal ministry to auction 25 commercial mines in FY26 to boost output
The Ministry of Coal, in its second action plan for 2025-26 (FY26), outlined strategies to hold three auctions for 25 commercial mines as part of the government's efforts to boost domestic production, reduce imports, and ensure long-term energy security. Seven commercial mines are expected to start production in FY26, according to ministry's estimates. The ministry had set a target to open 100 new mines to create an additional production capacity of 500 million tonnes (mt) every year by FY30. Of this, 13 mines were operationalised in FY25 with a capacity of 83 mt. To achieve the target, the ministry proposed to operationalise over 20 new mines with an aggregate capacity of more than 80 mt per year in FY26, including coal public-sector undertakings, commercial, and captive mines. Plans for an 'on-demand' coal supply capacity to consumers by FY47 are also underway, for which additional coal capacity is required. The ministry also lowered its production target for FY26 at 1.15 billion tonnes (bt), from 1.19 bt set in November. However, it is higher than the country's FY25 production of 1.05 bt. For FY26, coal production and dispatch from commercial mines is aimed at 203.4 mt. Coal dispatch from captive and commercial mines in FY25 stood at 190.4 mt. The ministry will 'provide coal linkages to consumers without any requirement of specific use in addition to present end use-based linkages". However, this will require amendment to the non-regulated sector linkage auction policy of 2016. Mineral Concession Rules (1960) will be amended to effectively implement the guidelines required for preparation of the mining and mine closure plan for coal and lignite mines, 2005, which was issued on January 31. This will allow the mining plan to cover an area beyond the block boundary – where such an area bears coal but extraction of which is not feasible. For FY26, the ministry proposed to commission 3x660 Mw Ghatampur thermal power plant (TPP) and begin two pithead projects of Coal India. One 660 Mw unit of Ghatampur TPP was operationalised in November last year as the ministry looked to diversify the coal PSUs in setting up new pithead coal-based TPPs with the latest energy-efficient super or ultra critical technologies. To achieve net-zero electricity consumption via solarisation, the ministry proposed completion of the target under PM Suryaghar Yojana and commissioning of 810 Mw RRVUNL solar project in Rajasthan in FY26. Given the availability of energy sources and cost competitiveness, coal for India is likely to be the main contributor to new capacity, Moody's Ratings said on Thursday.
