Prabha Energy Limited Kicks Off Commercial CBM Gas Production at North Karanpura Block

Prabha Energy Limited (PEL) has marked a significant milestone in its operations by commencing commercial production of Coal Bed Methane (CBM) gas from the North Karanpura CBM Block. The company, acting as a joint operator, has initiated gas sales through cascades as an early monetization strategy while work on the gas evacuation pipeline connection continues.

Early Monetization and Future Prospects

PEL has begun selling gas through cascades, a temporary measure to capitalize on production before the completion of permanent infrastructure. This approach allows the company to generate revenue while the gas evacuation pipeline is being constructed. Upon the pipeline's completion, PEL anticipates a potential increase in gas sale volumes, which may boost its market presence and financial performance.

Strategic Positioning in India's Energy Sector

Chairman and Director Prem Singh Sawhney emphasized the significance of this development, stating, "This milestone achievement marks a significant step in the company's journey towards the strategic objective of monetizing our gas reserves." He further highlighted that this move reinforces PEL's commitment to strengthening its position in India's unconventional energy sector and contributing to the country's energy security.

Alignment with Government Initiatives

PEL's commencement of CBM gas production aligns with the Central Government's plan to increase CBM gas production to 5.0 MMSCMD (Million Metric Standard Cubic Meters per Day) by FY2027-28. This strategic alignment may position PEL to play a role in the CBM segment, potentially capturing a share of the growing market.

Company Background and Future Outlook

Prabha Energy Limited, incorporated in 2009, has established itself as a player in the exploration and production sector, with interests spanning CBM, Marginal Gas Fields, and NELP blocks in India. The company's portfolio encompasses both conventional and unconventional hydrocarbon assets, reflecting its commitment to unlocking India's energy resources.

As India aims to increase the share of natural gas in its primary energy mix from the current 6-7% to 15% by 2030, PEL's focus on CBM production may position it to capitalize on this growing market. The company's efforts align with broader national goals of expanding city gas distribution networks, encouraging private sector participation, and promoting clean fuels.

With the commencement of commercial CBM gas production at the North Karanpura block, Prabha Energy Limited has taken a step towards realizing its potential in India's evolving energy landscape. As the company continues to develop its assets and expand production, it may play a role in meeting India's growing energy demands and supporting the transition to cleaner fuel sources.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.90%	+3.23%	-9.63%	-10.07%	-5.98%	-5.98%

Prabha Energy Limited (PEL), a leading player in India's oil and gas exploration and production sector, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with a key board appointment.

Financial Performance

For the quarter ended September 30, 2025, Prabha Energy reported:

Particulars (in ₹ lakhs)	Q2 FY26	Q2 FY25	% Change
Revenue from Operations	177.28	96.86	+83.0%
Total Income	188.14	98.03	+91.9%
Total Expenses	220.78	114.79	+92.3%
Loss Before Tax	(32.64)	(16.76)	+94.7%
Net Loss	(18.78)	(6.85)	+174.2%

The company's revenue from operations saw a significant year-on-year increase of 83% in Q2 FY26. However, the net loss widened to ₹18.78 crore compared to ₹6.85 crore in the same quarter of the previous year.

Operational Highlights

PEL's Chairman and Director, Mr. Prem Singh Sawhney, highlighted the company's progress in Coal Bed Methane (CBM) gas production. He stated, "We have successfully commenced commercial production of CBM Gas as joint operator from North Karanpura CBM Block earlier in this financial year. Since connecting gas evacuation pipeline work is going on, as a measure for early monetization we had begun gas sale through cascades."

New Board Appointment

The Board of Directors has appointed Mrs. Shivangi Digant Shah as an Additional Non-Executive Independent Director. Key details of the appointment include:

Term: 5 years from November 4, 2025, to November 3, 2030, subject to shareholder approval
Qualifications: Master's degree in Business Administration from Gujarat University; Associate Member of the Institute of Company Secretaries of India
Experience: Over seven years in the secretarial and compliance sector
Current Role: Company Secretary and Compliance Officer of Rajgor Proteins Limited

Future Outlook

Prabha Energy is strategically positioned to play a leading role in India's CBM gas production sector. The company aligns with the Central Government's plan to increase CBM gas production to 5.0 MMSCMD by FY 2027-28.

Mr. Sawhney added, "On completion of connecting gas evacuation pipeline, the gas sale volumes are expected to increase significantly. This commercial production represents Company's commitment to strengthening its position in India's unconventional sector and contributing to the country's energy security."

As India aims to increase the share of natural gas in its primary energy mix from the current 6-7% to 15% by 2030, Prabha Energy's focus on CBM and other unconventional hydrocarbons positions it well to capitalize on this growing market.

Investors and stakeholders will be watching closely to see how the company's recent operational developments translate into financial performance in the coming quarters.