Some analysts cast doubt on the guidance given by Oil and Natural Gas Corporation (ONGC) for crude oil production in 2013-14 because the company derives 72 per cent of its output from fields which are 37-52 years old
Tag: Gujarat
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Solar power equipment firms must focus on quality
Mercom Capital Group is a clean energy communications and consulting firm with offices in the United States and India. Mercom consults its clients on market entry, strategy, policy, due-diligence and joint ventures.
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Kandla Port to set up new terminal
Kandla Port Trust in Gujarat has two dedicated container handling berths currently and the port authority plans to set up another container terminal at Tuna-Tekra at a cost of Rs 3,000 crore.
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Rs 1.14 trillion budget passed in Gujarat Assembly
The Rs 114,450 crore budget of Gujarat government for the year 2013-14 was recently passed at the state assembly with majority voice vote. The budget levies new taxes of Rs 289 crore, while it gives tax relief of Rs 245 crore in different sectors. The budget proposes to generate surplus of Rs 840.45 crore. The state government presented the budget on February 12, 2013. The budget focuses on development of so
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GLL to rope in strategic investor
GSPC LNG (GLL) is a special purpose vehicle (SPV), promoted by the Gujarat government through Gujarat State Petroleum Corporation (GSPC), the leading state sector oil and gas entity and other state sector entities in partnership with Adani Enterprises (AEL).
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Nod to Rs 7,915 cr road projects in UP, Maha, Gujarat, Haryana
The Union government on March 18 approved Rs 7,915 crore road projects in Uttar Pradesh, Gujarat, Maharashtra and Haryana under its flagship road building programme National Highways Development Project (NHDP). The Cabinet Committee on Economic Affairs (CCEA), in its meeting accorded approval to the four projects to be built under phases III, IV and V on Build, Finance, Operate and Transfer (DBFOT) basis.
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HPCL to set up 5 mn tpa LNG terminal in Chhara
Media reports suggest that Hindustan Petroleum Corp (HPCL) identified Chhara in Gujarat's Junagadh district to set up a liquefied natural gas (LNG) import terminal in a joint venture with SP Ports, a unit of Shapoorji Pallonji Group. The Rs 5,000 crore terminal project would be executed by both the firms through a 50:50 joint vent
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Govt to upgrade six airports in Gujarat
In a reply to a question in Rajya Sabha, Union Minister of State for Civil Aviation KC Venugopal informed that around Rs 322 crore would be invested to modernize six airports in Gujarat during the Twelfth Five-Year Plan period (2012-17). These airports are Ahmedabad, Bhavnagar, Jamnagar, Rajkot, Surat and Vadodara. The government woul
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Residents of Modasa in Gujarat stall low quality road work
In Gujarat, construction of the Modasa-Malpur road was stalled for a prolonged time on March 1 after local residents near the Malpur road by-pass protested against the poor quality bitumen used in the construction. The road is being constructed by the State Roads and Buildings Department. Protesting residents had called an immediate stop of the construction work when the first layer of material prepared for the road eroded causing many motorists to slip.
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Residents of Modasa in Gujarat stall shoddy road work
In Gujarat, construction of the Modasa-Malpur road was stalled for a prolonged time on March 1 after local residents near the Malpur road by-pass protested against the poor quality bitumen used in the construction. The road is being constructed by the State Roads and Buildings Department. Protesting residents had called an immediate stop of the construction work when the first layer of material prepared for the road eroded causing many motorists to slip.