ONGC to sell additional gas to Steel Exchange India Ltd

State-owned Oil and Natural Gas Corp will sell an additional 15,000 cubic meters per day of gas to Steel Exchange India Ltd (SEIL) for its captive power plant at Kothepeta.

ONGC will supply gas from its Kammapalem field in Rajahmundry to Andhra Pradesh's largest private steel manufacturer.

"The total gas allocation now stands at 75,000 cubic meters per day. SEIL has facility to generate up to 12 MW of power at its Kothapeta plant," SEIL said in a statement.

Presently SEIL is supplying the unutilised power up to 9 MW to APTRANSCO.

SEIL Managing Director, B Satish Kumar said, "We are very happy and take pride to note ONGC has approved our bid and allocated the gas. We have recently upgraded our gas engines for efficient working and we will be able to reach our full potential of power generation at Kothapeta with this allocation."

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Faith is the opium of the masses, so Indians get addicted

    India is a nation of 1.27 billion. Let that number sink in, with all its zeroes. That’s a lot of people.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture