Finance Minister Pranab Mukherjee has suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed.
Category: Oil & Gas
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RBI: Moderate growth, inflation to remain firm
High inflation and the consequential policy rate increases are likely to impact domestic growth in the future, said the Reserve Bank of India (RBI) in its Financial Stability Report. A slowdown in investment demand and the slackening global
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J&K gas pipeline approved
Jammu and Kashmir government has given its nod to the prestigious gas pipeline project from Bhatinda in Punjab via Jammu to Srinagar, expected to be completed within three years. The contract for the pipeline project has been awarded to
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GAIL bets high on city gas distribution
GAIL (India) is looking to expand rapidly in areas of city gas distribution (CGD) and related pipeline infrastructure through tie-up with various state government entities. Having tied up with state entities in Karnataka and Kerala, the company is now
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Analysis: Natural gas infra is new buzzword
In the next four years, the natural gas transmission capacity will be doubled, placing India in a good position to accomplish the goals set by energy planners and to transport the increased natural gas availability which is expected to reach 375 mmscmd by 2015.
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JCO Gas Pipe: Piping solution
JCO Gas Pipe is specialised in manuÂfacturing of spiral SAW pipes covering a range from 406 mm (16") to 1,626 mm (64") diameter with wall thickness ranging from 5 mm to 25 mm conforming to IS 3589: 2001, IS: 5504, AP-5L, ASTM.
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Pipelines and terminals: Intelligent solutions in pipelines
Essar Pipelines and Terminals recently completed a 48-inch, 330 km high-pressure gas pipeline for GAIL, probably the longest large diameter pipeline that any contractor in India has done. The pipeline extends from Vijaipur in Madhya Pradesh to Dadri near Delhi.
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IOC seeks partner for LNG tmnl
Indian Oil Corporation (IOC) will invest around Rs 14,000 crore during the current fiscal and would soon look for a partner for its Rs 10,000 crore LNG terminal project near Chennai.
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Adani projects flounder on security
The Adani Group-promoted Mundra Port SEZ has not been able to bid for at least four major port projects because of the Centre withholding security clearance.
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Quippo plans oil exploration
Quippo Oil & Gas Infrastructure (QOGIL), promoted by Srei Infrastructure, aims to start its oil and gas exploration at Cambay Basin in Gujarat during the current fiscal.