In the letter written to the Prime Minister on Friday, he noted that power demand in Andhra Pradesh post-Covid has shot up by 15% in the last six months and by 20% last month.
The district administration has confirmed TNIE’s story about Oil and Natural Gas Corporation (ONGC) closing its exploratory oil wells in three places in the district.
The move comes days after people of Neduvasal East village panchayat adopted a resolution, seeking dismantling of the oil wells.
“We have started gas production from second deep-water U1B well in KG-DWN-98/2 Block’s Cluster-II on August 31, 2021,”
A total of 34 wells are planned to be drilled as part of the KG-DWN-98/2 project including 15 oil-producing wells and eight gas-producing wells.
Posting a short clip of the press interaction on his Twitter account, Oil Minister Hardeep Singh Puri said these investments will lead to further strengthening and deepening of relations.
The nod for the Offshore Block-32 by the Ministry of National Infrastructure, Energy and Water Resources came ahead of the then Israeli Prime Minister Benjamin Netanyahu's visit to India in 2018.
The second rig is set to begin operations at ONGC’s oil well near Dhamasana village, Kalol, Gujarat in a matter of days.
On May 16, Cyclone Tauktae -- a storm with the intensity of a category 3 hurricane -- tore apart Barge Papaa 305's anchors and slammed it into an offshore platform, taking down 261 people on board.
Perfection was achieved first with an inward 3 ½ somersaults tuck then more ‘oohs’ and ‘aahs’ followed for a backward armstand with 2 somersaults and 1 ½ twists.
NTPC has also shown its intention to bring an initial public offer of its arm NTPC Renewable Energy Ltd to raise funds for achieving 60 GW clean energy capacity by 2032.
The tender it had floated for hiring a vessel to transport diesel did not prescribe owning of statutory certificates at the time of bidding, this was seen as a disregard to safety by some.
A switch to the new tax regime, which offers a corporate income tax rate of 22 per cent, would require the company to give up this accumulated tax credit.
However, all is not well with the oil business either. The disruption caused by the pandemic has led the company to produce 3.5 per cent less crude oil during the fiscal year at 22.53 million tonnes.
Dimapur Deputy Commissioner Rajesh Soundararajan had shot off a letter to Oil and Natural Gas Corporation on June 1, asking it to stop operations at the three wells.