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Vodafone invests Rs 480 cr

Vodafone invests Rs 480 cr

Vodafone India said that it has invested over Rs 480 crore to ramp up network and distribution in Uttar Pradesh (UP) East circle over the past 12 months. The company has expanded its network footprint by adding over 800 new 3G sites across UP East in the past 12 months.

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Govt completes 517 JNNURM projects

Govt completes 517 JNNURM projects

In its annual report card, the UPA government said it completed 517 projects under JNNURM, including 231 projects under Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). The government listed these projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and expansion of metro network in various cities as achievements during the year

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Govt completes 517 JNNURM projects

Govt completes 517 JNNURM projects

In its annual report card, the UPA government said it completed 517 projects under JNNURM, including 231 projects under Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). The government listed these projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and expansion of metro network in various cities as achievements during the year

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Govt considers proposals of LPG distributors

Govt considers proposals of LPG distributors

Reports indicate that the government is considering the proposals of liquefied petroleum gas (LPG) distributors seeking key changes on the proposed distribution policy. During a recent presentation to the union petroleum and natural gas ministry, the distributors called for raising the present ceiling for refill sales by 50 percent. The distributors argue that the existing ceiling on refills is ba

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GAIL studies impact of tariff order

GAIL studies impact of tariff order

GAIL India is studying the impact of the recent tariff order by the Petroleum and Natural Gas Regulatory Board (PNGRB) on its financial position. Some reports indicate that the May 10 order of PNGRB may cause Rs 500 crore loss for the company. In its order, the downstream regulator retrospectively reduced the tariff charged by GAIL for its Krishna Goda

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Gas pipeline infra requires Rs 6 tn investment

Gas pipeline infra requires Rs 6 tn investment

Union Petroleum Secretary Vivek Rae said the country needs at least an additional 100,000 km length of gas pipeline network across the country. In order to lay this length of pipeline, the country needs
at least Rs 600,000 crore at the rate of Rs 6 crore per km in the next 15-20 years, he said while addressing a sem

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Sales of Gujarat Gas rises in Dec quarter

Sales of Gujarat Gas rises in Dec quarter

The consolidated net sales of Gujarat Gas Company rose to Rs 756.5 crore during the quarter ended December 31, 2012 from Rs 641.5 crore in the year-ago period. The consolidated net profit of the firm rose to Rs 70.6 crore from Rs 25 crore during this interval, Sugata Sircar, Managing

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GAIL expects to use 75% capacity in 5 yrs

GAIL expects to use 75% capacity in 5 yrs

Media reports suggest that state-run GAIL India expects to achieve around 75 per cent capacity utilisation of its gas transmission network on an average in the next five years. The company expects to achieve this capacity utilisation given that it would have a total capacity of around 250-300 mmscmd by fiscal 2016-17 and have an expe

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GAIL expects to use 75% capacity in 5 yrs

GAIL expects to use 75% capacity in 5 yrs

Media reports suggest that state-run GAIL India expects to achieve around 75 per cent capacity utilisation of its gas transmission network on an average in the next five years. The company expects to achieve this capacity utilisation given that it would have a total capacity of around 250-300 mmscmd by fiscal 2016-17 and have an expe

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Refining capacity of BPCL may rise

Refining capacity of BPCL may rise

Reports indicate that the refining capacity of downstream oil company Bharat Petroleum Corporation (BPCL) may rise to 40 mn t by 2015. Recently, the company commissioned a six-mn t refinery in Bina, Madhya Pradesh, while gradually increasing the capacity of its Mumbai facility to 12 mn t. The company is in the process of raising the capacity of its K

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