Chongqing Fujiang Energy Technology Company (Fujiang Energy), a subsidiary of Fortune Oil, is going to start the operation of the first LNG filling station on the Yangtze River in August this year. The LNG filling station has a storage volume of 2,000 cu m and is capable of filling 20 vessels every day. Fujiang Energy converted its first LNG/diesel duel fuel vessel last year and this year and the company pl ...

Engineering and construction company Larsen and Toubro Ltd (L&T) on Monday said it has secured an order worth Rs.5,689 crore from the Rajasthan Rajya Vidyut Utpadan Nigam Ltd for setting up a super critical thermal power project on a complete engineering, procurement and construction (EPC) basis. The order involves design, engineering, manufacturing, supply, erection and commissioning of two coal-fired ...

India’s National Thermal Power Corporation (NTPC) has shut down one 500 MW unit of its 3000 MW Kaniha power plant due to acute shortage of coal. The plant was sourcing coal from nearby Talcher coalfields of Mahanadi Coalfield Limited (MCL), a Coal India (CIL) subsidiary. The coal scarcity has also hit the capacity utilization of other five other units of the power plant, the second largest power complex und ...

Undeterred by the fluid political developments in Sri Lanka and Bangladesh, state-run NTPC said it was going ahead with its projects in those countries. The clarification came after a section of the media reported the company is losing projects to China. NTPC and the Sri Lankan team recently met in New Delhi to discuss changes to the power purchase agreement (PPA) and the implementation agreement for the 2x ...

The market for liquefied natural gas (LNG) in Asia faces uncertainty on a number of fronts, even as gas projects worldwide are seeking customers there, stated International Energy Agency (IEA) analyst Anne-Sophie Corbeau. Among the questions regarding demand from Asia are whether Japan will return to heavy use of nuclear power and how successfully shale gas can be developed in China. "There are optimists wh ...

Chevron Corporation today announced that its Australian subsidiaries have signed binding long-term Sales and Purchase Agreements (SPAs) with Chubu Electric Power Company Inc.  for liquefied natural gas (LNG) from the Wheatstone Project in Western Australia. Under the agreements Chevron, together with Apache Energy and Kuwait Foreign Petroleum Exploration Company, will supply Chubu with 1 million tons per an ...

Japan is boosting its use of cheaper coal at the expense of oil and LNG to counter a jump in energy import costs that are rising because of a weak yen and with little prospect of a near-term return of nuclear power after the Fukushima crisis in 2011. New Prime Minister Shinzo Abe's policies aimed at raising exports have weakened the yen, making energy imports priced in dollars more expensive. At the same ti ...

China may wrest power projects away from India in Sri Lanka and Bangladesh, thwarting its bid to exert economic and strategic influence in the neighbourhood by developing infrastructure. One such instance is Indian state-run power utility NTPC Ltd’s stalled plan to build a 500 megawatt (MW) plant in Sri Lanka. The island state is now said to favour a Chinese tie-up for the project.   Also uncertain is ...

A big manufacturing plan of the steel ministry, the proposal for ultra mega steel plants (UMSPs) have been dropped. Steel minister Beni Prasad Verma has discarded the projects developed along the lines of ultra mega power projects (UMPPs), since neither the finance ministry nor state governments support the plan. The projects were conceived in 2008. Four steel plants of 10 million tonne capacity each were p ...

India should find ways to utilize Myanmar's enormous gas reserves to feed the power-deficit states in the North East following the path of China's Yunnan province, Meghalaya Governor R S Mooshahary said today. Stating that Myanmar could be among the ten largest nations having huge gas reserves, Mooshahary said, India and North East in particular could utilize the gas for power generation. We do not have eno ...