State-owned Oil and Natural Gas Corporation (ONGC) is seeking a premium over the government gas price for the gas it plans to produce from coal seams in Jharkhand.

ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years.

Users have been asked to quote a premium they are willing to pay over and above the monthly domestic natural gas price that the Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) notifies, the tender document showed.

JSW Energy arm bags project from NTPC 52% of B2B payments remain overdue for over 90 days in major Indian hubs: Survey Target set for six-fold rise in palm oil output by 2032; current output 0.4 MT Ola Electric IPO Opens Today: Check GMP, price band, and other key details

Also Read