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  • WPI inflation in Oct at 0 16 per cent against 0 33 per cent in Sept
  • Hyundai ‘AURA’ gearing up to triumph over Sedan segment
  • JU's Tsetan Dolma represents India in Ice Hockey
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Business Economy


Construction work for world's largest LPG pipeline connecting Gujarat to UP to start in 8 to 10 months

Ahmedabad, Aug 13 (UNI) The construction work for the world's longest LPG pipeline to connect Kandla port in Gujarat to Gorakhpur in Uttar Pradesh covering a distance of 2757km across three states including Madhya Pradesh would start in 8 to 10 months, a highly placed source in the IndianOil which hold 50% stake in the Rs 10,000 crore joint venture project with two other oil and gas PSUs BPCL and HPCL, said on Tuesday.
"The first bid meeting for the same had taken place in the last week of July and after completion of other formalities and processes, the construction work for the pipeline that would supply LPG to the 22 bottling plants directly from the import terminal in Kandala, Indian Oil refinery in Koyali and BPCL refinery in Bina, would start in 8 to 10 months. The Joint Venture for the purpose (BPCL and HPCL having 25% stake each) was formed in June this year,' the source told UNI.

"Once the work starts, the deadline for completion was 36 months. The pipeline in addition to having direct links to 3 bottling plants in Gujarat, 6 in MP and 13 in UP, will also supply gas to 21 other bottling plants in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra and Uttar Pradesh through road-bridging," he said.

He said that the this pipeline alone could supply 8.25 million tonnes of LPG per year, which amounts to about 25 per cent of the country's current LPG demand.
UNI RAJ SHK1856
More News

Hyundai ‘AURA’ gearing up to triumph over Sedan segment

14 Nov 2019 | 2:21 PM

Chennai, Nov 14 (UNI) Passenger car maker Hyundai Motor India
Limited, today flagged off its all New Hyundai ‘AURA’, to test its
strengths and capabilities in persistent Indian weather and driving
conditions.

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BSE StAR MF set to create a new milestone

14 Nov 2019 | 1:49 PM

Mumbai, Nov 14 (UNI) BSE StAR MF, India's largest Mutual Funds Distributor platform has been consistently outperforming with number of orders, new registrations and SIPs.

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Sugar rates steady

Sugar rates steady

14 Nov 2019 | 1:40 PM

Kolhapur, Nov 14 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Thursday to Rs 3,280/3,300 and Rs 3,180/3,200 per quintal respectively.

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Sensex advances 114 52 pts

Sensex advances 114 52 pts

14 Nov 2019 | 12:09 PM

Mumbai, Nov 14 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Thursday gained 114.52 points to 40,230.58 on renewed buying in energy, FMCG, finance, auto, materials, realty and consumer durables.

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Rupee rises 2 paise against USD

Rupee rises 2 paise against USD

14 Nov 2019 | 12:01 PM

Mumbai, Nov 14 (UNI) The Rupee on Thursday rose two paise to 72.

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