Business Standard
Monday, May 21, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

ADAG gets nod for exploration of CBM in MP
Press Trust of India / Bhopal Aug 19, 2010, 14:23 IST

The Anil Dhirubhai Ambani Group has been granted permission to explore Coal-Bed Methane (CBM) in the Shahdol district of Madhya Pradesh, official sources said today.

The Madhya Pradesh Directorate General of Hydrocarbons has granted Petroleum Exploration Licence (PEL) to ADAG for exploration of CBM from Sohagpur (north) block in Shahdol district, on August 11, sources said.

As per the PEL, ADAG was given permission for exploring CBM in an area of 609 sq km, sources said.

Meanwhile, ADAG officials said the group has started its operation at the site since yesterday and after undertaking the core drilling operations, proper study would be conducted to access the resources available there.

The project of ADAG, which is setting up a 4,000 MW Sasan Ultra Mega Power Plant (UMPP) in Sidhi district, will open a new source of non-conventional energy in the state which is in the grip of an acute power crisis for a long time, they said.

"ADAG's entry in the CBM sector is a good sign for the state," a source said.

Coal-Bed Methane is a form of natural gas extracted from coal beds by drilling holes into coal seams and can be utilised for power generation, compressed natural gas (CNG) and fertiliser manufacturing, sources said.

Power production from CBM would not only contribute in reducing ozone layer threat but also open alternative option of electricity generation, they said adding it is certainly a matter of pride that there were abundant CBM deposits in Madhya Pradesh.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat, weakening rupee weighs
- UK regulator decision to fine NRI financial advisers upheld
- 30 striking AI pilots sacked, two return to work
- Speciality Restaurants sets IPO price at Rs 150 per share
- Shriram EPC bags Rs 165 cr contract in Kerala
  Read Business news in 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Journey on, We are by Your Side. Click here to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- One Partnership Endless Possibilities. Click here to know more
- A Brand New Server at a Price That Fits Your Budget. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Shankar Acharya: The exchange rate: economics bites back
- Nitin Pai: The small-country bullies
- Top pvt life insurers shut 1,500 branches in 2 years
- Piramal Healthcare like Berkshire Hathaway: Piramal
- Piramal Healthcare is like Berkshire Hathaway: Ajay Piramal
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us