The Union Cabinet has recently approved the proposal of Hindustan Petroleum Corporation (HPCL) to set up a 9 mmtpa greenfield refinery-cum-petrochemical complex in Barmer district in Rajasthan.
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CIL awaits clearances for 241 projects
For its 241 projects, Coal India (CIL) is awaiting environment and forestry clearances. At present, 48 environmental clearance proposals, having a capacity of about 109 million tonne per year, are awaiting clearances at different levels.
India to build its first oil storage facility soon
ndia will build its first strategic oil storage facility by January, Union Oil Minister M Veerappa Moily said. India, which is 79 per cent dependent on imports to meet its crude oil needs, is building underground storages at Visakhapatnam in Andhra Pradesh
Oil firms to acquire foreign debt funds
To reduce pressure on the current account deficit (CAD), Centre has asked the state-owned power firms to utilise foreign debts to fund their foreign acquisitions completely.
Rise in KG-D6 output expected
As Reliance Industries and its partner BP plc of the UK are working together, they may have been able to arrest the steep decline in output from their main gas field in the eastern offshore KG-D6 fields.
Gas-based project in Orissa
Now decks have been cleared for establishment of a 423 MW gas-based power project in Orissa, at an investment of Rs 3,106 crore. JGreen Power has come forward with its proposal for the project
GAIL signs US deal to source LNG
For bringing in close to six million tonne of LNG every year over a 20-year period beginning 2016-17, GAIL (India) has entered into a $60-billion (about Rs 3.80 lakh crore) deal with two US-based companies. GAIL is the first Asian company to buy LNG from the US.
On a growth path
Pawan Mathur, Director (Water and Heat Sector) Itron, has a total experience of over 19 years with leading Indian and multinational companies.
A dynamic manager
Vikalp Mundra, a 40 year old dynamic personality comes with an overall experience spanning over 17 years in the transformer sector. Presently, Mundra is the Joint Managing Director of Ujaas Energy and provides strategic direction in selection of technology
A dedicated technocrat
VA George, President & Chief Executive Officer, Thejo Engineering, has an experience of more than three-and-a-half decades in corporate and banking sectors (both, in public and private), out of which more than 20 years in senior management positions.