ONGC, which has opened for commercial production six out of India's seven producing basins, has made a significant natural gas discovery in the Gulf of Kutch of Gujarat coast
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The company has already stated that it will focus in power distribution instead in generation due to high regulatory interventions
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ONGC had in December last year agreed to buy entire 80 per cent interest of GSPC along with operatorship rights
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The anti dumping petition filed by the Indian Solar Manufacturers Association (ISMA) validates the argument and reflects upon the stress point of the domestic solar manufacturing in the country
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Though renewable holds a minor share in the total power business of Tata Power, it has become the key revenue driver of its total portfolio
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Private companies such as Reliance Power Ltd, Adani Power Ltd and GMR and state-run NTPC Ltd, have also asked for an extension to a December deadline to meet the new pollution standards
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Coal import has fallen from 217.78 million tonnes in 2014-15 to 203.95 MT in 2015-16 and further to 190.95 MT in 2016-17
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Presently ONGC is supplying gas to 726 Mg watt gas based thermal power at Palatana in Gomati district which cater power to all the north eastern states
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