• ‘Pradhan Mantri Urja Ganga’ to arrive soon in Odisha • Rs 4,000 crores investment for pipeline project • Another Rs 1,750 crores to be invested in City Gas Distribution project • 5 lakh households, 1.5 lakh vehicles to benefit…
Is the future of IOCL Paradip in Jeopardy? Odisha withdrawing interest-free credit for 11 years
Odisha government is withdrawing interest-free credit for 11 years given to Indian Oil Corporation Limited IOCL, the Assembly was informed today. The state cabinet approved a proposal yesterday to withdraw an incentive of interest-free credit, which is equal to the…
Budget 2017 Plans for India’s biggest Oil reserve to be set up at Chandikhol in Odisha
A strategic oil reserve with a capacity of 3.7 million metric tonne (MMT) will be set up at Chandikhol in Jajpur district to increase the storage capacity of petroleum products for use during emergency. The announcement was made by finance…
Piped cooking gas in Bhubaneswar and Varanasi by March next year
People in Varanasi, the Parliament constituency of Prime Minister Narendra Modi, will start getting piped cooking gas by March next year, about nine months ahead of the proposed Jagdishpur-Haldia gas pipeline touches the city, with supplies sourced using tankers. State-owned…
Natural Gas pipeline in Twin cities of Bhubaneswar and Cuttack might be reality in 3 years
The government today agreed to partly fund a Rs 13,000 crore natural gas pipeline project that will take the fuel to Varanasi and the eastern part of the country. The government will provide Rs 5,176 crore or about 40 per cent of…
Indian Oil, Gail to buy 49% stake in Adani Group 6000 Crore LNG terminal in Dhamra Odisha
State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd today signed pacts to take 49 per cent stake in Adani Group’s Rs 6,000-crore Dhamra LNG project in Odisha. IOC will initially take 39 per cent and GAIL…
India’s First international conference on LPG cooking gas starts in Bhubaneswar today
State-owned petroleum companies will today hold the nation’s first international conference on cooking gas in Bhubaneswar. The two-day meeting will deliberate on the need for an LPG-enabled household and use of traditional cooking fuels. The event will focus on the…
No Helmet No Petrol to be implemented now in all over Odisha
Odisha will now enforce traffic rules the hard way. The government has asked the police to ensure No Helmet No Petrol a public movement is adhered by petrol pumps across the state. The suggestion of a campaign was given by…
Odisha gets First Skill Development Institute of Oil Ministry in Bhubaneswar
Announcing plans to set up a state-of-the-art world class institute for skill development in Odisha, the Oil Ministry today made functional its first ever skill development institute of the country here. “The proposed institute will include multitude of trades/courses required…
Dhamra LNG Project scheduled to go live in 2018-19 with IOCL and GAIL having stake in it
State-owned oil and gas companies Indian Oil Corporation (IOC) and GAIL India have been offered stake in Adani Group’s Dhamra LNG project in Odisha. The private firm had written to the two companies last month, offering them 49 percent of…