The government has rejected Cairn India´s plea to renew the contract for the prolific Rajasthan block with the existing terms and conditions and has asked for the investment plan for the renewal period to assess the extent to which the state´s share of profit can be raised.
Tag: Gas
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ONGC targets $10-$12 bn foreign oil and gas investments
The foreign investment arm of India´s top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.
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New family of cameras for hazardous environments
Munich ? Bosch announces the launch of EXTEGRA IP 9000 FX, a new family of explosion-proof IP cameras developed for safe operation in hazardous environments. No matter whether it is exceptionally hot or cold (-50° to ?° Celsius), the lighting conditions are extremely poor, the monitored objects are far away, or there is a high level of moisture or dust, the new EXTEGRA IP 9000 FX cameras deliver the highest quality of security relevant images.
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Piping hot
During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.
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Budget 2015: The chinks and the missing links
Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
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BHEL bags Rs.1202 crore power project order
State-run BHEL has bagged a Rs 1,202-crore order for 370 MW gas-based combined cycle power project in Karnataka.
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Govt gives green nod to 190 projects worth Rs.6.31 lakh cr
Environmental clearance has been given to 190 projects, entailing an investment of Rs 6.31 lakh crore across sectors like mining and steel during June-December as part of the National Democratic Alliance (NDA) government´s policy to fast-track industrial development and generates jobs.
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ONGC Videsh might soon buy stake in 2 Siberian oilfields
ONGC Videsh Ltd (OVL), the foreign arm of ONGC, is likely to soon acquire stakes in two Russian oilfields, Vankor and Yurubcheno-Tokhomskoye.
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Infrascape 2015
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
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Infrascape 2015 – Infrastructure plays a very significant…
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.