Reliance-BP invites bids for gas from KG-D6, priced against international benchmark

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Reliance Industries and its partner UK’s BP Plc has invited companies to bid for 7.5 million standard cubic meters per day of gas (mmscmd) incremental gas it plans to produce from the second-wave discoveries in the KG-D6 block, pricing them for the very first time against an international gas benchmark. While Reliance-BP had sold the first […]

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Adani Group refutes buying directly from the farmers; only manage grain silos for FCI

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Adani group has denied reports that it is buying harvested crops from the farmers. The group has also rubbished any claim of fixing the price for farmers’ produce. The port-to-energy-to commodities conglomerate said it only develops and operates grain silos for Food Corporation of India (FCI). Recently, Adani’s name has been echoing during farmer protests along with Reliance […]

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Adani, Andhra govt win coal blocks in auction

Four coal blocks, including a coking coal mine, were grabbed by private players, including the Adani group, on the second day of auctions. This has confirmed adequate investor interest in the set of assets offered under the commercial mining policy. More aggressive bidding was seen in the case of smaller blocks. State government undertaking Andhra […]

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Adani promises to complete 1,000 MW transmission line to Mumbai by December 2022

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Adani Electricity Mumbai (AEML) confirmed that the proposed transmission line and sub-station project at Mumbai’s suburban Vikhroli to enhance Mumbai’s power supply by 1,000 MW will be complete by the end of next year, as per the mandated deadline. In a review meeting taken following last Monday’s power outage, Maharashtra Chief Minister Uddhav Thackeray had asked all […]

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Australia finally clears Adani to mine one of the world’s largest coal reserves

The most divisive mining project in recent Australian history can finally break ground after the state of Queensland cleared the final regulatory hurdle on Thursday for Adani Group’s Carmichael coal mine. The approval of the project’s groundwater management marks the end of an almost 10-year wait, during which the proposed mine faced steady resistance by environmental groups. Local […]

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