Ladakh set to host India’s first geothermal power plant in Puga Valley
With this move, the remote Puga Valley, located at an altitude of over 14,000 feet, is poised to become the cradle of India’s geothermal energy revolution.
With this move, the remote Puga Valley, located at an altitude of over 14,000 feet, is poised to become the cradle of India’s geothermal energy revolution.
At a time when the nation is grappling with petroleum fuel shortage amid the ongoing Tehran–Tel Aviv conflict, the country’s vast shale gas reserves, capable of meeting demand for at least 60 years, remain largely untapped.
At the close, the Sensex was up 208.17 points, or 0.25 per cent, at 84,273.92, and the Nifty was up 67.85 points, or 0.26 per cent, at 25,935.15.
According to the statement, ONGC Director (Production) Pankaj Kumar said that the two companies signed the agreement to enable resource sharing for deep-water offshore exploration and production operations on India's east coast, particularly across the Krishna Godavari (KG) basin, as well as Andaman offshore.
Describing IEW as the first major international energy event of the year, the Minister said the platform will focus on strengthening energy security, catalysing investment and advancing practical decarbonisation pathways.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
India's state-controlled Oil and Natural Gas Corporation (ONGC) on Sunday kicked off oil production from its flagship deep-water project in the Krishna Godavari basin offshore the nation's eastern coast.
This will centralize and standardise all vendor payments of ONGC, accelerating the processes for an enhanced 360-degree vendor experience.
The central government has reduced the windfall tax on domestic crude oil with effect from October 18 from Rs 12,200 a tonne to Rs 9,050 in its fortnightly review which will benefit upstream oil companies, including ONGC and Oil India Ltd (OIL).
