Essars current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-2.4 mmscmd over the next 14-15 months, EOGEPL chief executive Pankaj Kalra said.
The company had already invested around Rs 5,000 crore in exploration and commercial development of the Ranigunj CBM block where nearly 350 wells have been commissioned.
The company earlier had already invested Rs 5,000 crore in the Raniganj block in drilling 350 wells and producing nearly 0.9 million metric standard cubic metres (mmscd) of gas per day.
In Dec quarter, EOGEPL’s EBIDTA grew by 100% on YoY basis to ₹171 crore, and its PAT increased by 273% as compared to the same period last year to ₹97 crore
New Delhi [India], December 21 (ANI/PNN): RBM Infracon Limited, engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment brings its IPO of 2,325,000 shares aggregating Rs 837 lakhs. The face value per share is Rs 10 and the issue price per share is Rs 36. The lot size is of 3000 shares. Out of the 2,325,000 shares, 1104,000 shares are for the HNI quota, 1104,000 shares for the retail quota and 117,000 shares have been reserved under the market maker quota. The issue opens on the 23rd December and will close on the 27th December 2022. It will subsequently be listed on the NSE Emerge platform. The lead manager to the issue is Beeline Capital Advisors Private Limited and the registrar to the issue is Skyline Financial Services Private Limited. The objectives of the issue, with allocation, are: 1. Rs 700 lakhs towards working capital requirements 2. Rs 100 lakhs towards general corporat