DOCSLIB.ORG

HPCL, GAIL to Divest up to 50% Stake in Petrochem Plant in AP

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
HPCL, GAIL to Divest up to 50% Stake in Petrochem Plant in AP THE TIMES OF INDIA, HYDERABAD 18 TIMES BUSINESS WEDNESDAY, AUGUST 24, 2016 Lying Your Way To A New Govt to consult parties on advancing budget date Sidhartha & Surojit Gupta TNN BETTER FUND USAGE Job Just Got Tougher New Delhi: The government will consult political parties ➤Advancing the budget Cos bring background checks to foreground as compliance norms become stringent before taking a decision to ad- date will lead to change in vance the British-era legacy of Parliamentary schedule NamrataSingh of companies are including background oversight is classified as minor.” Sher- presenting the Union Budget of various sessions @timesgroup.com screening in their internal audit process gill adds that a background check en- on the last day of February by a ➤Officials said the date could month. which until now covered finance, opera- sures that such discrepancies are detect- be anywhere between last t a time when some busi- tional and commercial processes. The ed in advance. Consultations with politi- week of January to first start spending funds from ness schools are advocat- internal audit process of an organisation Background verifications are now cal parties are required as ad- week of February ing an MBA ‘Hippocrat- reports directly to the board and not the predominantly done by expert agencies. vancing the budget date will le- beginning of financial year, ic’ oath for ethical prac- CEO. The compliance process has be- Companies have realised that people ad to change in Parliamentary ➤An early budget will instead of waiting till May for A actual allocation of money tices, companies now come stringent because any wrong hire, risks are one of the highest business schedule of various sessions. mean that departments will make efforts to ensure that a pro- especially at the leadership level, can risks that they face and have begun to “It is a very complex issue spective hire does not kick-start have a negative impact on the reputation seek professional help for background and we need to discuss it with funds from the start of the fi- changes come into effect from his/her career with a lie which of an organisation, said Trehan. screening. “With the geographical political parties,” a govern- nancial year, instead of wai- April 1, it will help in better re- may later bring disrepute to With the advent of on-demand econ- spread of business organisations and ment source said. No date has ting till May for actual alloca- venue mobilisation for the go- the organisation. omy companies and e-commerce, back- employees and a global talent supply been fixed for the meeting but tion of money. Finance mini- vernment,” the official said. Companies have made back- ground screening has become crucial chain, it is not feasible for background it is expected to be soon. stry officials said they were re- Currently, the budget process ground verification stringent, and and so has the role of chief human checks to be carried out by internal staff, For now, there are some lo- adying plans to advance the — including passage of the apply a lower “severity threshold” resources officers (CHROs). unless the company is willing to invest gistical problems of advancing budget calendar in case the go- Appropriations Bill for expen- to discrepancies in CVs to meet The discrepancy threshold lev- huge resources,” said Kurane. the budget date to the last week vernment decides to change diture and the Finance Bill for compliance norms. Organisa- els differ for companies. A minor Background verification firms of January. In January, the go- the presentation date of the an- tax changes — are cleared by tions TOI spoke to said they have deviation may be accepted depend- have built a vast database of the mo- vernment remains busy with nual financial statement. “We Parliament in the first or se- a “zero tolerance” policy to viola- ing on the potential risk to the dus operandi of candidate frauds, Republic Day preparations. Of- are ready. We can start the pre- cond week of May. tion of ethical practices while organisation, said which is used to provide services with- ficials said the date could be budget discussion from Octo- “If you have the budget...in hiring. Some firms reject a poten- Makarand in defined timelines. Companies also anywhere between last week of ber instead of waiting until De- January, you get President’s as- tial hire even if they find a minor Khata- hire external agencies to avoid any January to first week of Febru- cember,” said a finance mini- sent by March 31. So, from the deviation in the candidate’s re- FEWER vkar, conflict of interest situations in re- ary.While a final decision is yet stry official. first day of the financial year, sume, said Ajay Trehan, CEO, group cruitment. This becomes important to be taken, sources said the go- He said there were several outlays will be in place, expen- AuthBridge, one of the leading FUDGED HR head, for banks which are public trust insti- vernment was considering advantages of advancing the ditures will be allocated and we firms providing background ver- CVs Kotak Ma- tutions and employees at all times are completing the budget exerci- budget presentation date by a will not lose two or three ification checks in India. hindra Bank. During expected to adhere to the highest se before the end of the financi- month. “It will help in faster months of the financial year in “While earlier background Overall hiring, companies do standards of integrity and ethics. al year on March 31so that poli- flow of funds to ministries and the budget process,” said Rani screening was a point of discus- come across cases of cy transmission is faster and departments and result in ti- Singh Nair, chairperson of the sion at the risk level — a kind of Discrepancy a slight discrepan- TRENDINC departments are able to spend mely expenditure. Once tax Central Board of Direct Taxes. tick-in-the-box for the HR depart- cy in age, edu- ment — today it is a serious com- 14% cation, expe- With organisations making back- SHORT TAKES pliance matter and CEOs want to 2013-14 rience, etc, ground checks stringent, overall dis- know and ensure employees are which may crepancies have reduced over the last India ranks 7th on thoroughly verified on their arise due to three years. According to data provided RBL Bank IPO over- backgrounds,” said Trehan. 18% inadvertent by AuthBridge, the overall discrepancy subscribed nearly 70 HR experts say fabricating 2012-13 errors level in CVs has come down from 22% wealthiest list: Report times: RBL Bank’s initial CVs points to a lack of integrity. while sub- in 2011-12 to 18% in 2012-13 and 14% in public offer, the first by a In 2012, Yahoo’s CEO Scott mitting 2013-14. The discrepancy level is highest New Delhi: India has figu- HOW THEY STACK UP private bank in a decade, Thompson quit amid claims of 22% data. Deo- in telecom/IT/telecom infra sector red among the top 10 wealt- was oversubscribed a fake qualifications. Back home, datta Ku- while the lowest is in IT software/soft- hiest countries in the world WEALTH* ($ BN) staggering 69.6 times, with take the recent case of a fresher 2011-12 rane, group ware services. with a total individual we- US 48,900 the number of applications who applied for an entry-level post president, human capi- “We get 13-14% rejection due to dis- alth of $5,600 billion, while crossing 1 million on the last China 17,400 in an IT firm. According to his CV, tal management, Yes crepancy every month. The discrepancy the US topped the chart. day of the IPO on Tuesday. According to a report by Japan 15,100 The offer has collected he held a graduation degree from Industry-Wise Discrepancy Illustration: Ram Bank, said, “Candidates on account of fake employment is quite a well-known engineering college with such issues may be high. This is because candidates at times New World Wealth, India UK 9,200 around Rs 60,000 crore. It as well as a diploma course certi- hired after due dili- try to extend their tenures to cover up was ranked 7th ahead of Ca- has attracted over 1.02 Telecom/IT/ Germany 9,100 fication in Android & Java from telecom infra 28.7% gence and establishing on a shorter stint they may have had in nada ($4,700 billion), Aust- million applications. a local institute in Delhi. Based on that there was no mala an organisation which they do not want ralia ($4,500 billion) and France 6,600 Samsung launches Restaurants, Italy (USD 4,400 billion), Tizen-powered Z2 for his CV, the company hired him fide intent to distort or to reveal,” said Trehan. India 5,600 without running a proper check. hotels, travel 28.6% misrepresent facts.” Khatavkar said, “Incidences of fake which came in at 8th, 9th `4,590: Samsung has Once he joined the company, the Prithvi Shergill, degrees are increasing and we need to and 10th slots, respectively. Canada 4,700 launched a new 4G handset candidate was found lacking in Retail CHRO, HCL Technolo- protect the bank.” Kotak Mahindra Bank The US is the wealthiest Australia 4,500 ‘Z2’, priced at Rs 4,590, to certain key skills. The company 25% gies, said, “Gross mis- conducts a two-level check at pre- and in the world in terms of to- woo feature phone users to tal individual wealth held Italy 4,400 approached a background verifi- Fin services representation of facts is post-joining stages. All employees go switch to smartphones.
Load more

Recommended publications
  • Expression of Interest (Eoi) for Acquisition of Operational Solar Power Plants / Assets
    GAIL (INDIA) LIMITED EXPRESSION OF INTEREST (EOI) FOR ACQUISITION OF OPERATIONAL SOLAR POWER PLANTS / ASSETS EOI DOCUMENT NO.: GAIL/ND/BD/SOLAR/EOI/2021 DATED 12.07.2021 EXPRESSION OF INTEREST (EOI) FOR ACQUISITION OF OPERATIONAL SOLAR POWER PLANTS / ASSETS EOI DOCUMENT NO. GAIL/ND/BD/SOLAR/EOI/2021 INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR ACQUISITION OF OPERATIONAL SOLAR POWER PLANTS / ASSETS 1. INTRODUCTION GAIL (India) Limited (“GAIL”) is India’s leading Natural Gas Company with presence along entire natural gas value chain comprising of Exploration & Production, LNG imports, Gas Transmission & Marketing, Gas Processing, Petrochemicals, LPG transmission and City Gas Distribution. GAIL is listed on the National Stock Exchange of India, the Bombay Stock Exchange and the London Stock Exchange (in the form of GDRs) with the market capitalization of around Rs. 66,000 crores as on 30th June 2021. For additional information on GAIL, please visit http://www.gailonline.com 2. BRIEF ABOUT EOI 2.1. In line with its mission of providing clean energy & beyond and considering transformations taking place in the energy sector, GAIL is exploring opportunities in the renewable energy sector with a target of acquiring solar power plants / assets of around 1000 MW (AC) capacity. In this backdrop, GAIL invites EOI from Promoters / Independent Power Producers / Developers who are willing to offer 100% and / or 50% equity stake in their operational solar power plants / assets located in solar park(s), hereinafter referred to as ‘Interested Party(ies)’. 2.2. Basic details of this EOI are: EOI download EOI may be downloaded from any of the Websites as below: (i) www.gailonline.com (ii) GAIL’s Tender Website – www.gailtenders.in (iii) Govt.
    [Show full text]
  • Dadri-Panipat Natural Gas Pipeline
    Dadri-Panipat Natural Gas Pipeline Indian Oil Corporation Limited (IOCL) owns and operates 132 km long Dadri-Panipat Natural Gas Pipeline (DPPL). This pipeline is interconnected with GAIL’s Hazira-Vijaipur-Jagdishpur Pipeline (HVJPL) / Dahej-Vijaipur Pipeline (DVPL) network at Dadri. The pipeline was commissioned in 2010 as a Common Carrier pipeline for transporting natural gas from HVJPL/DVPL network to IOCL’s Panipat Refinery (PR) and Panipat Naphtha Cracker Plant (PNCP) at Panipat and other customers’ en route pipeline in Uttar Pradesh and Haryana. Presently, the authorized capacity of DPPL is 9.5 Million Standard Cubic Metres per Day (MMSCMD) including 2.375 MMSCMD as Common Carrier capacity. The pipeline has one “a homogeneous area” (AHA) of 132 km from Dadri to Panipat. Originating station is at Dadri (near GAIL’s terminal within NTPC premises) and terminal station at Panipat (within IOCL’s Northern Region Pipelines premises). The status of pipeline capacity for own use and booked for other shippers is as under: Particulars Capacity (MMSCMD) Dadri - Panipat section 9.5 IOCL’s Capacity for IOCL’s own Use 5.5 Under Contract Carrier 1.05 Common Carrier Capacity 2.375 Spare Capacity 0.575 DPPL is authorized under regulation 17(1) of the Petroleum and Natural Gas Regulatory Board (Authorizing entities to Lay, Build, Operate or Expand Natural Gas Pipelines) Regulations, 2008. (Ref: PNGRB’s authorization letter No. Infra/PL/New/17/ DPPL/ IOCL/01/11, dated 5.1.2011) The capacity of DPPL has been approved and declared by PNGRB vide order No. MI/NGPL/GGG/Capacity/IOCL dated 9.11.2012.
    [Show full text]
  • Project Reliable
    Good morning jury members and members of the audience. During this presentation we will present a process improvement project & share with you our learning's and experiences and how we have increased (i)Liquid Hydrocarbon Production of GAIL Gandhar, (ii) High Pressure Gas (HP) Gas quantity from ONGC Gandhar, (iii) Net Profit of GAIL Gandhar by suppling SRG to Gas Gathering Station-IV ONGC Gandhar Using Lean Gas Line of Reliance Industries Limited by using a structured DMAIC methodology. 1 We(GAIL) are in presence of these Business Vertices. 2 There are 5 subsidiary and 18 joint ventures of GAIL. 3 Process flow diagram of GAIL Gas Processing Unit Gandhar, Which is situated at Bharuch District of Gujarat. Which are associated with Oil and natural gas corporation (ONGC), Gujarat Narmada Valley Fertilizer Limited (GNFC), Gas Gathering Station No- 4 (GGS-IV M/s ONGC ), National Thermal Power Corporation Limited (NTPC), Reliance Industries Limited Dahej as upstream source and down stream consumers. 4 Steps followed in this project listed here 5 In Project background for identification, planning and prioritization of problems done in this step. 6 In This step GAIL shows our project planning and identification of opportunity area to increase our turnover. 7 These the mode of suggestions, ideas, problems identification are welcome either through online portal or offline portal are listed here. 8 Here we have shown how idea’s are generated or problem are listed through brainstorming and SAP for identification of problem. 9 In GAIL gandhar we have characterized our process area in A,B,C,D,E class for stratification of problem’s.
    [Show full text]
  • CHAPTER - I Through International Competitive Biddings in a 1
    CHAPTER - I through international competitive biddings in a 1. INTRODUCTION deregulated scenario. Appraisal of 35% of the total sedimentary basins is targeted together with 1.1 The Ministry of Petroleum & Natural Gas acquisition of acreages abroad and induction of (MOP&NG) is concerned with exploration & advanced technology. The results of the initiatives production of oil & natural gas (including import taken since 1999 have begun to unfold. of Liquefied Natural Gas), refining, distribution & 1.8 ONGC-Videsh Limited (OVL) a wholly owned marketing, import, export and conservation of subsidiary of ONGC is pursing to acquire petroleum products. The work allocated to the exploration acreage and oil/gas producing Ministry is given in Appendix-I. The names of the properties abroad. OVL has already acquired Public Sector Oil Undertakings and other discovered/producing properties in Vietnam (gas organisations under the ministry are listed in field-45% share), Russia (oil & gas field – 20% Appendix-II. share) and Sudan (oil field-25% share). The 1.2 Shri Ram Naik continued to hold the charge as production from Vietnam and Sudan is around Minister of Petroleum & Natural Gas during the 7.54 Million Metric Standard Cubic meters per financial year 2003-04. Smt. Sumitra Mahajan day (MMSCMD) of gas and 2,50,000 barrels of assumed the charge of Minister of State for oil per day (BOPD) respectively. The first Petroleum & Natural Gas w.e.f 24.05.2003. consignment of crude oil from Sudan project of OVL was received in May, 2003 by MRPL 1.3 Shri B.K. Chaturvedi continued to hold the charge (Mangalore Refinery Petrochemicals Limited) in as Secretary, Ministry of Petroleum & Natural Gas.
    [Show full text]
  • Hindustan Petroleum Corporation Limited
    HINDUSTAN PETROLEUM CORPORATION LIMITED GAS & RENEWABLES SBU- CGD Projects EXPRESSION OF INTEREST (EOI) FOR SALE OF LAND EOI Opening Date: 03rd July 2021 EOI Closing date: 02nd Aug 2021 Closing Time: 03:00 PM Hindustan Petroleum Corporation Limited (HPCL) is developing City Gas Distribution (CGD) Network in Etah, Farrukhabad and Hardoi Districts (Uttar Pradesh) and shall be engaged in supplying Piped Natural Gas (PNG) for Industrial, Commercial & Domestic House Hold & Compressed Natural Gas (CNG) for Automobiles. In order to develop the CGD network, HPCL intends to set up City Gate Station (CGS) in JARAULI KALAN, Firozabad (Tap-off at GAIL’s RT cum CGS Firozabad from Spur pipeline of DVPL, Village- JARAULI KALAN, Firozabad) for setting up of metering skid and other equipment. Expression of interest in the form of Technical & Financial offers are invited from absolute and exclusive owners or co-owners of suitable plots of land for transferring the same by way of OUTRIGHT SALE to Hindustan Petroleum Corporation Limited for setting up City Gate Station at the following locations: Location for Plot of Land: 1. Plot of land should be located within 2 Km from either side of GAIL’s RT cum CGS Firozabad from Spur pipeline of DVPL, Village- JARAULI KALAN, Firozabad. 2. Land should be on an asphalted/ concrete /paved motorable road suitable for all weather movement of Heavy Commercial Vehicles (HCV) of minimum 4m width with clear access across the entire frontage and connected to Firozabad New Bypass Road or Firozabad Bypass Road (NH-19). 3. Total distance i.e. 2 Km will be considered from the center of GAIL’s Station on either side.
    [Show full text]
  • Gail's Ucg Perspective
    Indo-US Working Group on Coal –Workshop on Underground Coal Gasification GAIL’S UCG PERSPECTIVE November 13,2006 Shri Vinay Kumar General Manager (Petro Chemical Project Development) 1 MISSION & VISION Formed in 1984 as Gas Authority “TO ACCELERATE AND OPTIMIZE of India Limited THE EFFECTIVE AND ECONOMIC USE OF NATURAL GAS AND ITS FRACTIONS TO THE BENEFIT OF NATIONAL ECONOMY.” Mission Now “BE THE LEADING COMPANY IN NATURAL GAS & BEYOND, GAIL (India) Ltd WITH GLOBAL FOCUS, COMMITTED TO CUSTOMER CARE, VALUE CREATION FOR ALL STAKEHOLDERS Vision AND ENVIRONMENTAL RESPONSIBILITY” 2 GAIL - BUSINESS PORTFOLIO (ASSETS & CAPACITIES) GAS PIPELINES 5,600 KMS 123 MMSCMD 11 STATES RAJASTHAN L LP LPG PIPELINE J PATA LAKWA 1922 KMS VPL D VIJAIPUR J, 3.8 MMTPA V TRIPURA R H HA ND VAGHODIA GA GAS PROCESSING USAR VSPL 7 PLANTS KG BASIN NATURAL GAS PIPELINE 1.2 MMTPA LPG LPG PIPELINE LPG PLANT PETROCHEMICALS PETROCHEM PLANT CAUVERY 310,000 TPA BASIN POLYETHYLENE 3 GAIL - BUSINESS PORTFOLIO OFC CONNECTIVITY 13,000 KMS E&P 16 BLOCKS (3 - OVERSEAS) LNG PLL, DAHEJ RGPPL, DABHOL (10 MMTPA) GAS RETAILING IGL, MGL, BGL, TNGCL, CUGL, GGL,MNGL OFC CONNECTIVITY E&P BLOCKS MYANMAR BLOCK POWER 156 MW DAHEJ LNG TERMINAL GSEG, Hazira 4 GAIL’s INTERNATIONAL INVESTMENTS OVERSEAS PRESENCE TARGET COUNTRIES EGYPT EQUITY IN 3 GAS RETAILING COMPANIES 1) IRAN 2) TURKEY MYANMAR 3) PHILIPPINES PARTNER IN A1, A3 E&P BLOCKS 4) BANGLADESH 5) RUSSIA & CIS CHINA 6) AUSTRALIA EQUITY IN CHINA GAS FOR GAS RETAILING SINGAPORE 100% GAIL SUBSIDIARY 5 FINANCIAL PERFORMANCE TURNOVER (2005-06) RS. 14,459 CRORE NET PROFIT RS.
    [Show full text]
  • Bharat Petroleum Corporation Ltd
    Bharat Petroleum Corporation Ltd. Investor Presentation February 2016 Disclaimer No information contained herein has been verified for truthfulness completeness, accuracy, reliability or otherwise whatsoever by anyone. While the Company will use reasonable efforts to provide reliable information through this presentation, no representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted by the Company or its directors or employees, with respect to the truthfulness, completeness, accuracy or reliability or otherwise whatsoever of any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neither the Company nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from use or reliance on this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used, reproduced, copied, published, distributed, shared, transmitted or disseminated in any manner. This presentation is for information purposes only and does not constitute an offer, invitation, solicitation or advertisement in any jurisdiction with respect to the purchase or sale of any security of BPCL and no part or all of it shall form the basis of or be relied upon in connection with any contract, investment decision or commitment whatsoever. The information in this presentation is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company. We do not have any obligation to, and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of this presentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.
    [Show full text]
  • Bharat Petroleum Corporation Ltd
    Bharat Petroleum Corporation Ltd. Investor Presentation November 2018 Disclaimer No information contained herein has been verified for truthfulness completeness, accuracy, reliability or otherwise whatsoever by anyone. While the Company will use reasonable efforts to provide reliable information through this presentation, no representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted by the Company or its directors or employees, with respect to the truthfulness, completeness, accuracy or reliability or otherwise whatsoever of any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neither the Company nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from use or reliance on this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used, reproduced, copied, published, distributed, shared, transmitted or disseminated in any manner. This presentation is for information purposes only and does not constitute an offer, invitation, solicitation or advertisement in any jurisdiction with respect to the purchase or sale of any security of BPCL and no part or all of it shall form the basis of or be relied upon in connection with any contract, investment decision or commitment whatsoever. The information in this presentation is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company. We do not have any obligation to, and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of this presentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.
    [Show full text]
  • PPAC's Snapshot of India's Oil & Gas Data
    PPAC's Snapshot of India’s Oil & Gas data Abridged Ready Reckoner May, 2021 Petroleum Planning & Analysis Cell (Ministry of Petroleum & Natural Gas) As on 18.06.2021 Petroleum Planning & Analysis Cell (PPAC), an attached office of the Ministry of Petroleum & Natural Gas (MoPNG), Government of India, collects and analyses data on the Oil and Gas sector. It disseminates many reports on the Oil & Gas sector to the various stakeholders. The data is obtained from the Public Sector companies, Government agencies as well as the Private companies. Given the ever-increasing demand for energy and transition of energy demand to renewables and Biofuels, Policy makers and Analysts need to be well informed about the updated trends in the Oil & Gas industry. The PPAC’s Snapshot of India’s Oil & Gas data (Abridged Ready Reckoner) provides a comprehensive compilation of the latest data/information in a single volume for the latest month and historical time series. The Snapshot of India’s Oil & Gas data is also published on PPAC’s website (www.ppac.gov.in) and is accessible on mobile app-PPACE. This publication is a concerted effort by all divisions of PPAC. The cooperation of the oil and gas industry is acknowledged for their timely inputs. Table of contents Table Description Page No. Highlights for the month 2-3 ECONOMIC INDICATORS 1 Selected indicators of the Indian economy 5 2 Crude oil, LNG and petroleum products at a glance; Graph 6-7 CRUDE OIL, REFINING & PRODUCTION 3 Indigenous crude oil production 9 4 Domestic oil & gas production vis-à-vis overseas
    [Show full text]
  • Petr Oleum (Refiner Y and Marketing)
    PETROLEUM (REFINERY AND MARKETING) (REFINERY Public Enterprises Survey 2015-2016 : Vol-II 97 6. Petroleum (Refinery & Marketing) (` in Crore) As on 31.03.2016, there were 8 Central Public Sector Net Profit/ Loss S. No. Enterprise Enterprises in the Petroleum (Refinery and Marketing) 2015-16 2014-15 group. The names of these enterprises along with their 1 BHARAT PETROLEUM CORPN. LTD. 7431.88 5084.51 year of incorporation in chronological order are given 2 CHENNAI PETROLEUM CORPORATION 770.68 -38.99 below: - LTD. 3 GAIL (INDIA) LTD. 2298.9 3039.17 Year of S. No. Enterprise 4 GAIL GAS LTD. 38.96 16.84 Incorporation 5 HINDUSTAN PETROLEUM CORPN. LTD. 3862.74 2733.26 1 INDIAN OIL CORPORATION LTD. 1964 6 INDIAN OIL CORPORATION LTD. 10399.03 5273.03 2 CHENNAI PETROLEUM CORPORATION LTD. 1965 7 MANGALORE REFINERY & 1148.16 -1712.23 3 BHARAT PETROLEUM CORPN. LTD. 1976 PETROCHEMICALS LTD. 4 HINDUSTAN PETROLEUM CORPN. LTD. 1952 8 NUMALIGARH REFINERY LTD. 1222.34 718.31 5 GAIL (INDIA) LTD. 1984 SUB TOTAL : 27172.69 15113.9 MANGALORE REFINERY & PETROCHEMICALS 6 1988 LTD. 6. Dividend: The details of dividend declared by the 7 NUMALIGARH REFINERY LTD. 1993 individual enterprises are given below: (` in Crore) 8 GAIL GAS LTD. 2008 Dividend S. No. Enterprise 2. The enterprises falling in this group are mainly 2015-16 2014-15 engaged in producing and selling of petroleum and 1 BHARAT PETROLEUM CORPN. LTD. 2241.56 1626.94 petroleum products such as diesel, kerosene, naphtha, 2 CHENNAI PETROLEUM CORPORATION 94.08 0 gas lubes, greases, chemical additives, lubricants, etc.
    [Show full text]
  • PPAC's Snapshot of India's Oil & Gas Data
    PPAC's Snapshot of India’s Oil & Gas data Abridged Ready Reckoner February, 2021 Petroleum Planning & Analysis Cell (Ministry of Petroleum & Natural Gas) As on 19.03.2021 Petroleum Planning & Analysis Cell (PPAC), an attached office of the Ministry of Petroleum & Natural Gas (MoPNG), Government of India, collects and analyses data on the Oil and Gas sector. It disseminates many reports on the Oil & Gas sector to the various stakeholders. The data is obtained from the Public Sector companies, Government agencies as well as the Private companies. The number of CNG vehicles is being reconciled & has not been included in this ARR. Given the ever-increasing demand for energy and transition of energy demand to renewables and Biofuels, Policy makers and Analysts need to be well informed about the updated trends in the Oil & Gas industry. The PPAC’s Snapshot of India’s Oil & Gas data (Abridged Ready Reckoner) provides a comprehensive compilation of the latest data/information in a single volume for the latest month and historical time series. The Snapshot of India’s Oil & Gas data is also published on PPAC’s website (www.ppac.gov.in) and is accessible on mobile app-PPACE. This publication is a concerted effort by all divisions of PPAC. The cooperation of the oil and gas industry is acknowledged for their timely inputs. Table of contents Table Description Page No. Highlights for the month 2-3 ECONOMIC INDICATORS 1 Selected indicators of the Indian economy 5 2 Crude oil, LNG and petroleum products at a glance; Graph 6-7 CRUDE OIL, REFINING & PRODUCTION
    [Show full text]
  • Gail (India) Limited Petronet Lng Limited
    GaiL (india) Limited dun & Bradstreet d-U-n-s® no 65-007-1269 about the company GAIL (India) Ltd (GAIL) was incorporated in August 1984 as a PSU and was conferred with Navratna Top 500 ranking status in 1997. The company is primarily engaged in the marketing and transmission of natural Income 13 gas and LPG, petrochemicals, production of LPG and other liquid hydrocarbons. It is also engaged in city gas distribution, E&P, telecom & telemetry services through GAILTEL and gas-based power Net Profit 32 generation. GAIL has created a wide network of natural gas pipelines covering more than 10,900 Networth 28 km with a capacity of around 200 MMSCMD, two LPG pipelines covering more than 2,000 km with a capacity of 3.8 MMTPA, seven gas processing plants for LPG and other liquid hydrocarbons with a address production capacity of 1.4 MMTPA and a gas based integrated petrochemical plant of 410,000 TPA GAIL Bhawan, polymer capacity. It has also built a strong optic fibre cable network of approximately 13,000 km for 16 Bhikaji Cama Place, its own internal use and leasing of bandwidth. It is considered to be a pioneer in city gas distribution R K Puram, New Delhi – 110066, Delhi in India, having launched joint ventures Indraprastha Gas Ltd in Delhi and Mahanagar Gas Ltd in Website: www.gailonline.com Mumbai in the 1990s. GAIL is also part of consortium in two offshore E&P blocks in Myanmar. Financial snapshot (` mn) ratios (%) Total income net Profit networth eBidTa eBidTa margin nPm RONW 575,861.3 29,596.0 283,755.8 55,996.4 9.7 5.1 10.4 (As on Mar 31, 2015) Petronet LnG Limited dun & Bradstreet d-U-n-s® no 86-220-4216 about the company Petronet LNG Ltd (PLL) was incorporated in 1998 as a joint venture by the Government of India, and Top 500 ranking is promoted by GAIL, ONGC, IOCL and BPCL.
    [Show full text]