Prabha Energy Limited — Updates, 12-08-2025: Press Release

Prabha Energy has achieved a key operational milestone, commencing commercial CBM gas production as joint operator from its North Karanpura Block. While gas evacuation pipeline work is ongoing, sales have begun via cascades for early monetization. This significant development is a major step in monetizing the company's gas reserves. Gas sales have recently started generating revenues, with income expected to steadily rise. This aligns PEL to be a key player in India's unconventional energy sector, supporting the government's target of increasing CBM gas production to 5.0 MMSCMD by 2027-28.