It would make more sense for Indian Oil (IOCL), the country’s biggest refiner, to acquire rival Bharat Petroleum or Hindustan Petroleum or natural gas marketing company GAIL (India) than a producer like Oil India as part of the government’s plan to create a major state-owned energy company
The Business Transfer Agreement (BTA) will pave the way for transforming Kota to a smart city by providing clean energy to boost up industrialization and setting up CNG corridor between Kota & Jaipur and Kota – Baran – Jhalawar besides providing green energy to the industrial clusters at Baran – Jhalawar adjoining areas of Kota.
In a significant step towards making Rajasthan a key base for setting retail gas infrastructure and opening CNG corridors connecting key cities, a Business Transfer Agreement (BTA) has been signed between RSGL and GAIL Gas Ltd on Tuesday.
Investment worth Rs 70K crore expected in Petroleum and Petrochemical Sector in Rajasthan, Dharmendra Pradhan
Minister Pradhan said about Rs 43000 crore will be in invested in the refinery to be set up in Pachpadra in Barmer district while Rs 27000 crore will be invested in the oil fields of Cairn Energy.
Investment worth Rs. 70,000 crore is expected in the coming four years in Rajastha’a Petroleum and Petro Chemical projects, union petroleum minister Dharmendra Pradhan said on Tuesday at a function in Jaipur.
Hindustan Petroleum Corporation Limited (HPCL), one of the biggest Navratna Public Sector oil Companies in India will be setting up a 9 MMTPA (Million Metric Tonnes Per Annum) capacity grass root Refinery cum Petrochemical Complex at Barmer, in Rajasthan in Joint venture with Government of Rajasthan (GOR). This estimated cost of the project is Rs.43,129 crore.
ABB India has bagged an order worth around Rs 178 crore from Power Grid Company of Bangladesh Ltd (PGCB), the country’s leading transmission utility, to support the country’s power infrastructure expansion and meet its growing electricity needs
The much-awaited Rs 42,000-crore Barmer refinery in Rajasthan by state-run Hindustan Petroleum Corporation Ltd (HPCL) may get a fresh lease, as the ministry of petroleum and natural gas may sign a fresh memorandum of understanding with the Rajasthan government this week with revised fiscal package for the project.
India’s fossil fuel consumption trend is suggesting a shift away from inefficient and highly polluting use of hydrocarbons, as a result of efforts to move towards a less-carbon-intensive economy
Reliance Infrastructure (RInfra) will reapproach the Securities and Exchange Board of India (Sebi) for its Infrastructure Investment Trust (InvIT) within a week, in order to raise Rs 3,000 crore in May
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned two units of 270 MW at RattanIndia Nasik Power Limited’s 5×270 MW thermal power project, located at Sinnar in Nasik District of Maharashtra.
Three public sector undertakings of the Central Government on Sunday signed a Memorandum of Understanding (MoU) for import of crude oil through Paradip Port for the proposed refinery expansion of Numaligarh Refinery Limited (NRL) in Assam from three million tonne per annum (MTPA) to nine MTPA