2 synthetic natural gas projects to come up in Odisha
Bhubaneswar, June 9: Union Petroleum Minister Dharmendra Pradhan said on Saturday two synthetic natural gas (SNG) projects will come up in Odisha.
"Two SNG projects will come up at Talcher and Paradip where gas will be produced from coal. While GAIL will set up the project at Talcher, IOCL's project will come up at Paradip," said Pradhan.
He was attending a roadshow organised by Petroleum and Natural Gas Regulatory Board for 9th City Gas Distribution (CGD) bidding round here.
He said seven geographical areas have been identified covering 17 districts of Odisha for 9th CGD bidding round for the investors.
He said work for CGD network has been started in Cuttack and Bhubaneswar.
It will cover the districts-Angul, Dhenkanal, Sundargarh, Jharsuguda, Balasore, Bhadrak, Mayurbhanj, Bargarh, Deogarh, Sambalpur, Ganjam, Nayagarh, Puri, Jagatsinghpur, Kendrapara,, Jajpur and Keonjhar.
"CGD projects will be set up in 19 districts of Odisha in the next five years with an investment of about Rs 3,000-3,500 crore in the state," said the Minister.
It will generate thousands of employment opportunities for the people in the state besides protecting the environment and developing the economy, said Pradhan.
Informing that natural gas is the fuel for the future, he sought the support of the state government to implement the projects in the state.
"CGD networks cannot be set up without the support of state government. The Government of India has extended the supporting hand to Odisha government and I hope the state government will extend a supporting hand for the projects," said the Minister.
Maintaining that clean fuels will ensure a greener and healthier future for the country, he said 9th CGD bidding round is the biggest round of bids covering 22 states in a bid to transform India to a gas based economy.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
