Essar Energy plc has completed a 35-day shutdown of its Vadinar refinery in Gujarat that helped it to tie-in new units required for a $1.85 billion capacity expansion.
Author: admin (Infratructure Today)
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India, Vietnam sign pact on oil & gas cooperation
ONGC Videsh (OVL), and the Vietnam oil and gas group PetroVietnam (PV) have signĂÂed an agreement on cooperation in the field of oil and gas. The framework agreement was signed in the presence of Prime Minister Manmohan Singh and Vietnamese President Truong Tan Sang, who was on a visit to India.
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GAIL pipeline to supply gas to Sindri plant
Gas Authority of India's (GAIL) pipeline from Jagdishpur in Uttar Pradesh to Haldia in West Bengal via Jharkhand is going to be a boon for the closed Sindri fertiliser factory, other industries and domestic consumers on the line.
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Gas demand to more than double by 2017
India's natural gas demand is set to more than double by 2016-17 with most of incremental demand coming from power plants. As per the projections made by Oil Ministry for the 12th Five Year Plan (2012-13 to 2016-17),
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ONGC to form JV with NPCIL
ONGC plans to have joint venture (JV) with Nuclear Power Corp of India (NPCIL). The company is to invest aroĂÂund Rs 2,940 crore in 5- 6 years in the project. ONGC plans to buy 49 per cent of the shares of one of the five proposed nuclear plants of NPCIL
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Rs 6.5 lakh cr investment by 2017
The Department of Telecom (DoT) has projected an investment of Rs 6,50,000 crore in the sector in the next five years.
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BSNL Punjab services restored
After nearly a month of disruption, BSNL restored services between its landline telephones and private mobile operators.
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SPV to build broadband network
A special purpose vehicle (SPV) with equity participation from BSNL, MTNL and other public sector units such as RailTel, Gail and PowerGrid, amoĂÂng others, will undertake the 20,000-crore project to build a national broadĂÂĂÂband network to take high-speed internet to the hinterlands.
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NTPC may fall short in FY12
NTPC may fall around 18 billion units short of its potential production capacity in the current fiscal, as state electricity boards (SEBs) turn away from purchases of expensive electricity produced with imported coal.
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BHEL eyes power projects in Africa
State-owned Bharat Heavy Electricals Ltd (BHEL) will develop power projects in Uganda and Nigeria as part of India's plans to broaden economic engagement with African countries to secure access to oil and gas blocks in the continent.