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India’s 1st infra investability index launched

India’s 1st infra investability index launched

CRISIL launched the CRISIL InfraInvex, India's first investability index that tracks, measures and assesses the development, maturity and investment attractiveness of infrastructure sectors, along with the CRISIL Infrastructure Yearbook 2017, a first-of-its-kind annual publication.

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New Innovation from Sennebogen in Energy Saving

New Innovation from Sennebogen in Energy Saving

SENNEBOGEN is characterised by technical innovations in every area, as well as its strong tradition. The history of the company shows that, since it was founded in 1952, & over the years has made its name around the world as one of the leading German manufacturers of Material Handling Machines, Harbour/Port Cranes, Telescopic Cranes, Demolition Machines, Pick and Carry Machines, Crawler Cranes, HD Crawler Cranes (Duty Cycle) and Construction Cranes.

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Centre to allot 40 gas agencies to remote areas in HP

Centre to allot 40 gas agencies to remote areas in HP

Himachal Pradesh Civil Supply and Consumer Affairs Minister GS Bali informed the state assembly that around 40 new gas agencies would be spread out in the far flung areas of the state under Rajiv Gandhi Yojana of the central government. The agencies would make LPG gas readily available in the rural areas at lower price. It is learnt that in far-flung areas people are forced to bear the heavy cost

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OMCs unsure on cash transfer for cylinders

OMCs unsure on cash transfer for cylinders

State-run Oil Marketing Companies (OMCs) in Hyderabad and Ranga Reddy districts seem to have no clarity on how the cash transfer will take place for subsidized cylinders. Some industry sources feel that the finance ministry will transfer the amount to the respective oil companies who will then reimburse the amount in the individual bank acco

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OMCs unsure on cash transfer for cylinders

OMCs unsure on cash transfer for cylinders

State-run Oil Marketing Companies (OMCs) in Hyderabad and Ranga Reddy districts seem to have no clarity on how the cash transfer will take place for subsidized cylinders. Some industry sources feel that the finance ministry will transfer the amount to the respective oil companies who will then reimburse the amount in the individual bank acco

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Demand for auto gas rises in recent months

Demand for auto gas rises in recent months

Reports suggest that demand for auto gas or auto liquefied petroleum gas (LPG) has risen in the last few months. Oil Marketing Companies (OMCs) say the upswing in auto LPG growth augurs well for both the consumers and oil companies. OMCs attribute the rise in demand for auto gas to the governmentÂ’s decision to cap the number of subsidised LPG cylinders per

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CERC seeks review of LPG distribution norms

CERC seeks review of LPG distribution norms

Union petroleum ministry received a request from the Ahmedabad based Consumer Education and Research Centre (CERC) to reconsider the decision to allow only one gas connection for one address. In a letter to the ministry, the CERC argued that the rule could hit the joint family culture in India as it will impose an additional financial burden of purchasing cook

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Authorities to set up LPG outlets in rural areas

Authorities to set up LPG outlets in rural areas

A Pandian, who is the State-level Coordinator, Oil Industry, Kerala and Lakshadweep informed that by the end of the year, authorities would issue Letters of Intent for setting up rural LPG outlets. In order to promote penetration of LPG cover into “low potential or rural areas, government introduced the rural LPG outlet scheme, known as the Rajiv Gandhi Gramin LPG Vitaratk (RGGLV) in

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IOC takes steps to weed out illegal customers

IOC takes steps to weed out illegal customers

Indian Oil Corporation (IOC) is taking some stringent measures to weed out illegal customers of liquefied petroleum gas (LPG) or cooking gas in Gujarat. As part of these measures, the state-run oil marketing firm decided to block 4.7 lakh LPG consumer connections in the state for two reasons

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Multiple connections to be cancelled in Indore

Multiple connections to be cancelled in Indore

The Indore chapter of All India LPG distribution federation informed that around 50,000 multiple cooking gas connections in the city would be disconnected. In order to avoid cancellation of multiple connections, customers must establish that there are two or more kitchens on a single address. Meanwhile, reports suggest that the number of complaints, especially those related to multiple connection and transfer of connections, is incre

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