
Business Update31 Aug 2026, 01:01 pm
Prabha Energy Presents Corporate Presentation on CBM Assets
AI Summary
Prabha Energy Ltd has released a corporate presentation detailing its business operations, focusing on its Coal Bed Methane (CBM) and Marginal Gas Fields. The company highlights its estimated 31 BCM CBM reserves across two Jharkhand blocks, with targeted commercial production from the Jharia Block by Q4 FY27. Prabha Energy aims to become a leading private-sector CBM producer, aligning with India's goal to increase CBM gas production to 5.0 MMSCMD by 2027-28. The presentation also touches upon India's significant planned natural gas infrastructure investment and expanding gas pipeline network, positioning the company to capitalize on the country's multi-year natural gas super-cycle.
Key Highlights
- Company presents corporate deck on CBM and marginal gas fields.
- Estimated 31 BCM CBM reserves in Jharkhand blocks.
- Targeting commercial production from Jharia Block by Q4 FY27.
- Positioned to be a major private CBM producer in India.
- Aims to leverage India's growing natural gas infrastructure and demand.
Price Impact
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