Tag: capital expenditure

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IOC to upgrade refining capacity

IOC to upgrade refining capacity

State-run oil refiner Indian Oil Corporation (IndianOil) plans to upgrade itself to process heavier crude. In the first phase of its expansion plan, the company invested substantially to process high sulphur crude. In the second phase, it is looking at upgrading itself to pro

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CPSEs have Rs 2.84 trillion cash

CPSEs have Rs 2.84 trillion cash

Minister of heavy Industries and Public Enterprises Praful Patel informed Lok Sabha that Central Public Sector Enterprises (CPSEs) have Rs 284,153.22 crore cash and bank balances at present. Further, it is learnt that 17 state-run firms, including, ONGC, OIL and NTPC, committed to invest over Rs 1.63 lakh crore during 2012-13

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Orissa discoms invested Rs 1,426 crore on capex

Orissa discoms invested Rs 1,426 crore on capex

Central Electricity Supply Utility of Orissa (Cesu), Northern Electricity Supply Company of Orissa (Nesco), Southern Electricity Supply Company of Orissa (Southo) and Western Electricity Supply Company of Orissa (Wesco) have together invested Rs 1,425.58 crore on capital expenditure since the privatisation of electricity distribution in the state.

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