Prabha Energy Ltd Commences Commercial Production of CBM Gas, Marking a Significant Step in Company's Journey

Prabha Energy Ltd, a leading exploration and production player with interests in Coal Bed Methane (CBM), Marginal Gas Fields and NELP blocks in India, has begun its commercial production of CBM Gas as joint operator from North Karanpura CBM Block. The company has started gas sale through cascades as a measure for early monetization, while the gas evacuation pipeline work is ongoing. This milestone achievement marks a significant step in the company's journey towards monetizing its gas reserves and contributing to the country’s energy security. The gas sale has recently started generating revenues, with income expected to steadily rise.