【Kolkata】According to media reports in Kolkata and Dhaka, at a meeting between Prime Minister Manmohan Singh and his Bangladeshi counterpart Seikh Hasina, at Nay Pyi Taw on Tuesday, India made fresh offers for sale of electricity to the neighbouring economy.
India may have finally promised Bangladesh 100 MW of electricity from the ONGC Tripura Power Company-promoted 736.6 MW gas-based facility at Palatana in Tripura.
India sells 500 MW of electricity a day to Dhaka through West Bengal border. Of the total, 250 MW is sourced from NTPC at Central Electricity Regulatory Commission determined tariff. The rest is traded through open market deals.
The two Prime Ministers were attending BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) summit at Myanmar.
The offer came in the backdrop of long standing demand of Bangladesh for share of power from OTPC project in reciprocation to Dhaka's support in making the project happen.
○Oil India output drops 50% due to protests in Assam
【New Delhi】In a major set back to public sector company Oil India Ltd, the explorer has been forced to shut down operations at nearly 35 installations in Assam due to protests by local students' body.
The protests have started since March 1. The All Assam Students' Union (AASU) has called for 300 hours or around 13 days of work suspension alleging Oil India for hiring 304 unskilled employees through non-transparent process.
"OIL is incurring losses of more than Rs 20 crore every day," said a senior company official. If the protests continue, Oil India may lose about Rs 300-500 crore. As a result of this, Oil India's daily output has been reduced by about 50 per cent. The explorer's average crude oil production hovers around 9,000 tonnes, which has dropped to 5,000 tonnes on Wednesday. Similarly, it drills about 7 standard cubic metres of gas every day, which has now dropped about 3.5 standard cubic metres of gas.
○Vasundhara Raje's assurance puts HPCL's Barmer plant back on track
【MUMBAI】HPCL hopes to go ahead with its Rajasthan refinery project along with fiscal incentives after nervous moments.
There were doubts if the state's new government led by the BJP's Vasundhara Raje would back the project where Sonia Gandhi laid the foundation stone.
HPCL executives said that at a recent meeting Raje had assured the company that the Rs 56,000-crore incentives granted by the previous government would not be withdrawn. She had also appointed two new directors to the company board and sanctioned Rs 426 crore as state's equity contribution for the next fiscal.
【News source】
Bangladesh may get 100 MW from OTPC’s Palatana unit
Oil India output drops 50% due to protests in Assam
Vasundhara Raje’s assurance puts HPCL’s Barmer plant back on track
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