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State Bank of India has approved a substantial Rs 10,050 crore loan for Damodar Valley Corporation’s ambitious 1,600 MW Ultra Super Critical Thermal Power Project in Koderma, Jharkhand. This significant investment aims to enhance regional energy production, stimulate local economic growth, and adopt advanced, environmentally-friendly power generation technology. Explore the details of this major development and its potential impact on the energy sector and local communities.
ONGC has commenced natural gas production from its Coal Bed Methane (CBM) block in Bokaro, Jharkhand, marking a significant milestone in India's energy sector. Starting with an initial production capacity of 170,000 SCMD, ONGC aims to boost output to 300,000 SCMD by the end of the financial year. This development underscores the strategic importance of CBM as an alternative energy resource, contributing to the diversification and enhancement of India's natural gas supply.