Indian Oil Corporation (IOC) expects to commission its 15-million-tonne Paradip refinery project in the second half of 2013. Meanwhile, the company has installed the world's largest coke drum on November 15 at the Paradip refinery site. The drum weighs 630 million tonne (mn t) and is 45.52 metre in height and 10.67 meter diameter.
Author: admin (Infratructure Today)
Post
Post
Refining capacity of BPCL may rise
Reports indicate that the refining capacity of downstream oil company Bharat Petroleum Corporation (BPCL) may rise to 40 mn t by 2015. Recently, the company commissioned a six-mn t refinery in Bina, Madhya Pradesh, while gradually increasing the capacity of its Mumbai facility to 12 mn t. The company is in the process of raising the capacity of its K
Post
Ministry notifies norms for LNG terminals
In order to encourage the setting up of LNG Terminals in the country, the petroleum ministry framed rules on eligibility conditions for registration of liquefied natural gas terminals (LNG).The new regulation aims to bring about an environment of equitable access and commercial transparency to foster higher availability of imported gas in the country, the ministry said in a
Post
OMCs resume issue of new LPG connections
Starting with North Eastern states, the three state-owned oil marketing companies (OMCs) resumed issuing of new LPG connections after putting it on hold for a few weeks. It is learnt that they have started issuing connections in Meghalaya, Sikkim, Nagaland and Andaman & Nicobar Islands. In September, issue of new LPG connections was put on hold pending a massive nationwide exercise to eli
Post
State oil firms to bear additional burden
State-run petroleum companies may share additional financial burden of the Delhi government's ambitious scheme to provide Liquefied Petroleum Gas (LPG) connection to poor people. The state government initiated Kerosene Free Delhi Scheme to replace completely kerosene used by BPL or Antyodaya families for cooking purposes with
Post
Rupee exchange rate holds key for petrol pricing
According to analysts, the movement of rupee against the dollar holds key for the future price movement of petrol in the domestic market. Recently, the price of petrol was reduced by oil marketing companies (OMCs) for the second time since 9 October 2012 because of the decline in crude oil prices in the international market
Post
Thales group firms bag contracts for metro rail project
Some of the group companies of French conglomerate Thales group bagged contracts for signalling and train control, and communication systems for Hyderabad metro rail project. While the contract for signalling is bagged by Thales Canada along with Thales India, that for communication is se
Post
Slowdown hits NHAI’s projects in this fiscal
The National Highways Authority of India (NHAI) awarded a whopping 49 projects totalling 7,500 km last financial year. but this fiscal, in the first six months, the authority has managed to award just four projects measuring 560 km. NHAI attributes this situation to economic slowdown.
Post
Bhopal city roads to be renovated: Minister
Madhya Pradesh Urban Administration and Development (UAD) Minister Babulal Gaur has said that various roads of Bhopal city measuring 200 kilometres will be renovated for the convenience of citizens. As the people of Kolar area in the city demanded, steps will be taken to merge the Kolar Municipality into Bhopal Municipal Corporation, Gaur added.
Post
Maha spends Rs 2,368 cr on its roads
Maharashtra has a road network of 2,41,000 km. The state’s expenditure on roads has increased from Rs 539 crore in 2005 to Rs 2,368 crore. In 1996, the state government decided to formulate a private-public-partnership (PPP) policy to finance its Road Development Plan (1981–2001), which in turn called for about Rs 26,000 crore of investments.