31 Bidders Compete for Coal Mines
The 10th commercial coal mine auction in India has attracted significant interest, with 31 bidders, including major players such as JSW Steel, ACC, and NMDC, competing for coal mining blocks. This auction, organized by the Ministry of Coal, is a critical component of India’s strategy to boost domestic coal production and reduce dependency on imports for power generation and industrial needs. The auction features multiple coal blocks available for commercial mining, and the strong participation of leading companies highlights the growing demand for coal resources to ensure stable and secure s..
B.Grimm Power Eyes LNG Supplies
Thailand's B.Grimm Power, a prominent energy company, is actively seeking both short-term and long-term supply agreements for liquefied natural gas (LNG) to meet its growing energy needs. As Thailand continues to transition its energy infrastructure and reduce reliance on coal, LNG has emerged as a critical resource for ensuring energy security and sustaining power generation. The company is exploring LNG sourcing options globally to secure a reliable supply of natural gas, reflecting the increasing demand for cleaner energy in Thailand’s power sector. With the global LNG market experiencing..
Power Grid Plans Rs 5,000 Cr Bond
The Power Grid Corporation of India has received approval from its board to raise up to Rs 5,000 crore through the issuance of bonds. This strategic move aims to support its ongoing investments in India's power transmission infrastructure and meet its financial requirements for upcoming projects. The bond issuance will serve as a key component in Power Grid's financial management strategy, allowing the company to secure capital at competitive rates to fund its transmission network expansion. The decision aligns with India’s growing energy demand and the need for a reliable and efficient powe..