India to finance 131 km Indo -Bangla Friendship pipeline

India to finance 131 km Indo -Bangla Friendship pipeline

Assam based Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) has signed a sale-purchase Agreement for supply of High Speed Diesel (HSD) through the proposed 131 km Indo-Bangla friendship pipeline

Government to provide purchase preference to local manufacturers/service providers for supply of goods and services in Oil and Gas Sector

Government to provide purchase preference to local manufacturers/service providers for supply of  goods and services in Oil and Gas Sector

Team EnergyInfraPost  The Union Cabinet chaired by the Prime Minister Narendra Modi has approved signing of Framework of Understanding (FoU) on Cooperation in the Hydrocarbon Sector with Bangladesh, setting up of Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam in Andhra Pradesh as “an Institute of National Importance” through an Act of Parliament and […]

Cabinet approves local purchase preference policy for oil firms

Cabinet approves local purchase preference policy for oil firms

In a bid to promote manufacturing in India, the cabinet on Wednesday approved the domestic purchase preference policy for state-run oil firms that will allow domestic service or product providers to offer a higher bid and still be eligible for the contract.