DOCSLIB.ORG

Indian Oil Corporation Ltd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Indian Oil Corporation Ltd Indian Oil Corporation Ltd. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate Initiating Coverage velit esse molestie consequat, vel illum dolore eu feugiat nulla Indian Oil Corporation Ltd. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, . quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea 20-October-2020 commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, . vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi. et iusto odio dignissim qui blandit praesent luptatum zzril delenit 1 Indian Oil Corporation Ltd. Industry LTP Recommendation Base Case Fair Value Bull Case Fair Value Time Horizon Refineries/ Petro-Products Rs. 76.8 Buy at LTP & add further on dips to Rs 69 Rs. 87 Rs. 92 2 quarters HDFC Scrip Code INDOIL Our Take: BSE Code 530965 IOCL’s marketing sales have improved from April 2020 lows but are still lower YoY. Fuel demand in July fell MoM due to localised lockdowns NSE Code IOC and monsoon. From September, fuel demand has improved MoM and in the first half of October, fuel demand has risen to pre Covid levels. Bloomberg IOCL IN Post excise duty hike in May 2020, IOC increased retail prices by Rs 9-12/litre, which has led to steady marketing margins. Rising prices CMP Oct 19, 2020 76.8 and/or reducing subsidies on LPG cylinder augurs well for the IOCL. Deregulating LPG would boost the working capital of IOCL. However, the Equity Capital (Rscr) 9414.2 government’s resolve would be tested if oil prices spike. Face Value (Re) 10.0 Equity Share O/S (cr) 941.4 Global demand recovery is likely to remain capped in the near term with concerns over high inventory and further delayed recovery in Jet Market Cap (Rscrs) 72299.5 fuel demand. We expect crude throughput of 63.4/71.1mmt and GRM of USD 3.4/3.9 per bbl in FY21/22E as the economy recovers. OMCs Book Value (Rs) 103.90 are currently making marketing margin of ~Rs 3.5-4.5/liter on petrol-diesel, which is slightly higher than the long-term average. Avg. 52 Wk Volumes 953758 52 Week High 149.0 IOC expects to add 1000 outlets and also invest on upgrading existing outlets in fuel retailing. IOC is already setting up EV charging centers. 52 Week Low 71.15 Most of the new outlets will be added in class ‘B’ towns at a lower cost per outlet ~ typically Rs 0.50- Rs1 crore. The annual capex will go towards this expansion and support infrastructure like tankages, pipelines and surveillance as well as technology. Share holding Pattern % (June, 2020) Valuations & Recommendation: Promoters 51.5 IOCL is well-placed to take advantage of the improved demand outlook as the economy opens up and can deliver overall throughput much Institutions 20.2 Non Institutions 28.3 higher than the industry average. As petroleum products are essential services, IOCL’s refining and marketing operations continued despite the lockdown and has got back to almost normalcy. Also we expect, further improvement in demand to normal levels, upon full lifting up of Total 100.0 the lockdown and stabilisation of economic activity. However, the net sales may remain subdued in Q2FY21. IOCL’s refining margins are likely to bottom-out in its cyclical downturn, going forward. We expect recovery in both margins as well as volumes. Its strong operational Fundamental Research Analyst profile driven by dominant market position supported by established marketing and distribution network and sizable refining capacity makes Abdul Karim us positive on the stock. [email protected] IOCL’s value of investments and non-core assets (Chennai Petroleum Corporation Ltd, Petronet LNG, Lanka IOC, ONGC, GAIL, OIL India other subsidiaries and JVs) account for nearly its entire value, indicating that the market is ascribing no or negligible value to its core refining and fuel marketing businesses. 2 Indian Oil Corporation Ltd. Oil Marketing Companies are trading at close to five year lows in terms of Price to Book & at valuations similar to regulated regime (2009 - 2014) which had structural issues like no pricing freedom and subsidy concerns. In the current period, the low GRM due to depressed global demand is compensated by high marketing margins. Moreover, BPCL’s privatisation (as and when it happens) has the potential to significantly re-rate refining and marketing business of HPCL and IOCL. Investors could buy the stock at the LTP and add on dips to Rs 69 (valuing refining, marketing and pipeline and Petchem businesses at 4.0, 4.0, 4.5 and 4.0 times EBITDA multiple +value of other listed and unlisted investments). Based on SOTP valuation, Base case fair value of the stock is Rs 87 (valuing refining, marketing and pipeline and Petchem businesses at 5.0, 4.5, 5.0 and 5.0 time EBITDA multiple +value of other listed and unlisted investments) and the bull case fair value of the stock is Rs 92 (valuing refining, marketing and pipeline and Petchem businesses at 5, 5, 5 and 5 time EBITDA multiple +value of other listed and unlisted investments) over the next 2 quarters. Financial Summary Standalone Consolidated Particulars (Rs Cr) Q1FY21 Q1FY20 YoY-% Q4FY20 QoQ-% FY19 FY20 FY21E FY22E Total Operating Income 62396.6 130885.6 -52.3 118439.1 -47.3 5,28,148.9 4,84,362.3 3,30,505.1 3,75,614.7 EBITDA 5513.4 7723.9 -28.6 -11089.2 -149.7 35,226.9 5,525.6 18,312.0 25,278.4 Depreciation 2355.7 2093.6 12.5 2392.8 -1.6 8,506.5 10,274.5 9,452.7 9,749.5 Other Income 642.2 631.4 1.7 1722.3 -62.7 2,714.3 2,784.6 4,069.1 4,199.0 Interest Cost 1171.3 1509.1 -22.4 1850.4 -36.7 4,888.0 6,578.7 7,144.3 6,761.7 Tax 717.7 1783.3 -59.8 -8424.8 -108.5 8,653.1 -5,300.7 1,511.2 3,267.5 RPAT 1910.8 3596.1 -46.9 -8853.0 -121.6 15,893.7 -3,242.4 4,272.9 9,698.6 Diluted EPS (Rs) 2.1 3.9 -46.9 -5.6 -136.9 18.9 -5.0 6.3 12.0 RoE-% 15.4 -4.4 5.7 10.7 P/E (x) 4.1 -15.5 12.2 6.4 EV/EBITDA 4.4 33.6 9.2 6.6 (Source: Company, HDFC sec) 3 Indian Oil Corporation Ltd. Q1FY21 Result Review IOCL numbers were inline in Q1FY21. Company reported 46.9 per cent (YoY) de growth in standalone net profit to Rs 1,910.8 crore due to an inventory loss of Rs 3,196 crore, while it reported improved bottomline performance on sequential basis, Company had reported net loss of Rs 8,853 crore in Q4FY20. Consolidated net revenue was down by 52.3 per cent (YoY) and 47.3 per cent (QoQ) to Rs 62396.6 crore due to COVID-19 pandemic disruption in the quarter. Within business segments, revenue from Petroleum Products (contributes 95.0 per cent) declined 41.6 per cent, Petrochemicals (contributes 3.7 per cent) was down by and revenue from other business activities like Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation declined 41 per cent in Q1FY21 on YoY basis. IOCL’s Average Gross Refining Margin (GRM) in Q1FY21 stood at US$ (1.98 per bbl) vs. US$ 4.69 per bbl in Q1FY20. The core GRM or the current price GRM after offsetting inventory loss/ gain stood to $ 4.27 per bbl in Q1FY21 up 23% YoY. Company accounted for NIL Budgetary Support in Q1FY21 vs. Rs 655.92 crore accounted in Q1FY20 as revenue grants on sale of SKO (PDS). Refineries were running at an utlisation of 40% in April which improved to 78% by end-May and have peaked to 97% in June. Capacity utilization for Q1 stood at 74.4%. Refining throughput remained muted at 12.9MMT (down 25% YoY). Management expects 90-95% capacity utilization for Q2FY21. On the other hand, marketing margin stood at Rs6.8/ltr v/s Rs 3.4/ltr in Q4FY20 while sales volume for the quarter declined by 28.3% YoY to 15.4MMT. IOCL expects the IOCL Group's capacity utilisation to be maintained at 70-75 per cent for FY21. IOCL Board approved setting up of Rs 13,800 crore Purified Terephthalic Acid (PTA) plant in Paradip. Recent Triggers IOCL plans to invest Rs 2 lakh crore in the next 5-7 years to expand its refining, marketing, petrochemicals and natural gas business. Company is expanding almost all its refineries from Panipat to Paradip and also clubbing petrochemicals in all the refineries. Company is making necessary investments in pipeline and marketing infrastructure so that there will be no shortage in meeting the growing energy demands of the country. IOCL accounts for about one-third of India’s refining capacity of 250 million metric tonnes per annum (mmtpa) with 11 refineries.
Load more

Recommended publications
  • Gujarat Refinery Po Jawaharnagar Vadodara
    INDIAN OIL CORPORATION LTD. (REFINERIES DIVISION) GUJARAT REFINERY P.O. JAWAHARNAGAR VADODARA - 391 320 VENDOR MEET – MAKE IN INDIA Indian Oil Corporation Ltd., Gujarat Refinery is organizing a Vendor Meet on 21st September 2015 at New Administrative Building Auditorium of Gujarat Refinery, Vadodara with the theme “Make in India”. This program is a part of the roadmap for successful implementation of “Make in India” campaign in Oil and Gas industry with special emphasis on reduction of import content in procurement and also to enhance the participation of domestic vendors for Oil and Gas industry. Interested manufacturers intending to attend the above meet are requested to go through our list of imported items and furnish their credentials in the format given as per Annexure latest by 11.09.2015 by email to [email protected] and [email protected] and be prepared to reach the venue by 9.30 AM. Formal Invitation shall be sent separately to vendors by 15.09.2015. Sr. Materials Manager (I/c) Indian Oil Corporation Ltd. Gujarat Refinery Vadodara List of Items imported (indicative) procured by Gujarat Refinery: 1. Burners & Burner spares (John Zink, Callidus,Hamworthy etc.) 2. Mechanical seals & spares 3. Pumps & Spares (Sundyne, Lawrence, Bornemann,Flowserve,Weir, CPC, Leistritz, Arai etc.) 4. Compressor Spares ( Nuovo Pignone, Simplex Corporation,Plant Maintenance Corporation, Atlas Copco,Kobe Steel,HV Turbo,Compressor products International etc.) 5. Non-metallic valves & valve spares pertaining to the Sour Gas Compressor in Hydrocracker Unit (Compressor Products International) 6. Diaphragm coupling(gear box to compressor) of kobe compressor of LAB unit (Eagle) 7.
    [Show full text]
  • Executive Summary
    Draft EIA Report Executive Summary 1. Introduction Indian Oil Corporation Limited (IOCL) operates one of its largest oil refineries at Koyali (near Vadodara) in Gujarat, Western India. The refinery was commissioned in the year 1965 with a capacity of 3.0 MMTPA. Over the years, the capacity of the refinery has gradually been increased to 13.7 MMTPA with augmentation of old primary Atmospheric Units (AU-I, AU-II and AU-III) and addition of new primary units viz. Atmospheric Unit-IV in 1978 and AU-V in 1999 as well as augmentation of AU-IV in 2000. Gujarat refinery IOCL owned a land of 434 Acres at survey no 771 to 795 at Dumad with Existing facilities of LPG marketing terminal commissioned during Nov 2002 and IOTL white oil terminal commissioned in the year 2012. LPG marketing Terminal occupies land of approximately 62 Acres in 434 Acres at Dumad Village, Vadodara Savili Road, Dumad. It is about 3 Km from Dumad Approx ~8 Kms away from Gujarat Refinery (GR) of IOCL and situated between Vadodara-Savli Road. The operating processes carried out at the Terminal are receipt of LPG bulk, its storage in 6 mounded storage vessels having max storage capacity of 8300 MT, distribution of bulk LPG by loading Tank trucks and filled LPG cylinder after their filling at carousel machines. The quantity of LPG to be handled in existing facility is 0.50 MMTPA. The existing plant is under operation with GPCB consent obtained vide: AWH 68449, valid up to 18/11/2019 & PESO license obtained vide S/HO/GJ/03/498(S2126), Valid up to 31 March 2019.
    [Show full text]
  • 1. REFINERIES in INDIA to Meet the Growing Demand of Petroleum
    1. REFINERIES IN INDIA To meet the growing demand of petroleum products, the refining capacity in the country has gradually increased over the years by setting up of new refineries in the country as well as by expanding the refining capacity of the existing refineries. As of April, 2009 there are a total of 20 refineries in the country comprising 17 (seventeen) in the Public Sector and 3 (three) in the Private Sector. The country is not only self sufficient in refining capacity for its domestic consumption but also exports petroleum products substantially. The total refining capacity in the country as on 1.10.2009 stands at 179.956 MMTPA. The company-wise location and capacity of the refineries as on 1.10.2009 is given in Table 1: Table 1 S. No. Name of the company Location of the Refinery Capacity, MMTPA* Indian Oil Corporation Limited (IOC) 1. Guwahati, Assam 1.00 IOC 2. Barauni, Bihar 6.00 IOC 3. Koyali, Vadodara, Gujarat 13.70 IOC 4. Haldia, West Bengal 6.00 IOC Mathura, 5. 8.00 Uttar Pradesh IOC 6. Digboi, Assam 0.65 IOC 7. Panipat, Haryana 12.00 IOC 8. Bongaigaon, Assam 2.35 Hindustan Petroleum Corporation Limited (HPCL) 9. Mumbai, Maharashtra 5.50 HPCL, Visakh Visakhapatnam, Andhra 10. 7.50 Pradesh Bharat Petroleum Corporation Limited (BPCL) 11. Mumbai, Maharashtra 12.00 BPCL, Kochi 12. Kochi, Kerala 9.50 Chennai Petroleum Corporation Limited (CPCL) 13. Manali, Tamil Nadu 9.50 CPCL, Nagapattnam 14. Nagapattnam, Tamil Nadu 1.00 Numaligarh Refinery Ltd.(NRL) 15. Numaligarh, Assam, 3.00 Mangalore Refinery & Petrochemicals Ltd.
    [Show full text]
  • City Disaster Management Plan 2020-21
    CITY DISASTER MANAGEMENT PLAN YEAR: 2020-21 MAYOR, VADODARA MESSAGE Vadodara city is one of the fastest growing and developing cities of the nation. The citizens are disciplined, progressive, and hardworking. There are ample of resources in and around the city for human’s social and health well-being. But when disaster struck the daily work of the citizen not only hinders the progress of a city but a state and a nation. Due to climate change and global warming, India is more prone to disasters. Cyclones, heavy rainfall and floods are the ones which affect Vadodara city the most. Among other risks are of earthquake, heat waves and Industrial Chemical Disasters. Every available and possible resource is allocated for the best of disaster management by the Vadodara Municipal Corporation. The more emphasis is given on planning, prepared and training activities of the citizens, as prevention is better than cure! Help from every citizen and organization is expected in terms of disaster management activities. The emergency response teams, fire brigade, police, health department, sanitation department play an important role in fighting any mishap which strikes the city. It is the perseverance of the citizens which leads to the betterment of life in Vadodara city. I am thankful to the creators of this document which will provide clear plan and information for overcoming disasters. Dr. Jigeeshaben J. Sheth Mayor, Vadodara 1 | P a g e CDMP: VADODARA MUNICIPAL COMMISSIONER MESSAGE 2 | P a g e CDMP: VADODARA PREFACE Municipal corporations face a challenge of administrating the rapid urban growth. High rise buildings, densely populated areas, narrow roads, slums, schools, electrical systems, surrounding industrial areas, etc.
    [Show full text]
  • Indian Oil Corporation Limited
    INDIAN OIL CORPORATION LIMITED (REFINERIES DIVISION) GUJARAT REFINERY CAPACITY EXPANSION FROM 13.7 TO 18 MMTPA (J-18) PROJECT PRE-QUALIFICATION BOOKLET FOR INVITATION OF PRE-QUALIFICATION BIDS FOR EPCC1 PACKAGE FOR NEW AVU UNIT OF 15 MMTPA NEW ATMOSPHERIC DISTILLATION VACUUM DISTILLATION UNIT SR LPG TREATER UNIT FOR GUJARAT REFINERY CAPACITY EXPANSION FROM 13 7 MMTPA TO 18 MMTPA J-18 PROJECT AT IOCL GUJARAT REFINERY VADODARA GUJARAT, INDIA ON EPCC/LSTK BASIS WITH SINGLE POINT RESPONSIBILITY. (PQ BOOKLET NO: 077154C-000-PQ-701) Prepared and Issued By: TECHNIP INDIA LTD, TECHNIP CENTRE, 19, VELACHERY MAIN ROAD, GUINDY, CHENNAI –600032 IOCL- Gujarat Refinery PROJECT J18 Capacity Expansion Project CLIENT INDIAN OIL CORPORATION LIMITED Project No. Document no. Rev. No. Pre-Qualification Booklet- Page 1 of 65 EPCC-1 077154C001 077154C-000-PQ-701 E TABLE OF CONTENTS S.NO. DESCRIPTION PAGE NO. 1 ABRIDGED VERSION OF INVITATION FOR PRE- 2-3 QUALIFICATION BID 2 INVITATION FOR PRE-QUALIFICATION BID 4-28 3 INSTRUCTIONS FOR PQ BID SUBMISSION 29-49 4 EXHIBITS 50-62 5 CHECK LIST FOR PQ BID SUBMISSION 63-65 This document is developed by TECHNIP India Limited and the information it contains is property of Indian Oil Corporation Ltd. It shall not be used for any purpose other than that for which it is supplied. CONFIDENTIAL – Not to disclose without Authorization IOCL- Gujarat Refinery PROJECT J18 Capacity Expansion Project CLIENT INDIAN OIL CORPORATION LIMITED Project No. Document no. Rev. No. Pre-Qualification Booklet- Page 2 of 65 EPCC-1 077154C001 077154C-000-PQ-701 E CHAPTER – 1 ABRIDGED VERSION OF INVITATION FOR PRE-QUALIFICATION This document is developed by TECHNIP India Limited and the information it contains is property of Indian Oil Corporation Ltd.
    [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]
  • 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]
  • India's Energy Future in a World of Change
    India’s Energy Future in a World of Change 26-28 October 2020 India Energy Forum in Review Inaugural Address Inaugural Address and Ministerial Dialogue Hon. Shri Narendra Modi, Prime Minister, India H.R.H. Prince Abdulaziz bin Salman, Minister of Energy, Kingdom of Saudi Arabia Inaugural Address and Closing Remarks Inaugural Address and Ministerial Dialogue Hon. Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas Hon. Dan Brouillette, Secretary of Energy, and Minister of Steel, Government of India United States Department of Energy 1 Indian Ministerial Dialogue Indian Ministerial Dialogue Hon. Smt. Nirmala Sitharaman, Minister of Finance and Minister of Hon. Shri Piyush Goyal, Minister of Railways and Minister of Commerce & Corporate Affairs, Government of India Industry, Government of India Ministerial Dialogue New Map of Energy for India The Hydrogen Economy and Closing Remarks Shri Tarun Kapoor, Secretary, H.E. Mohammad Sanusi Barkindo, Secretary Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, Ministry of Petroleum & Natural Gas, General, OPEC Government of India Government of India 2 Leadership Dialogue Leadership Dialogue Tengku Muhammad Taufik, President & Group Chief Executive, Bernard Looney, Group Chief Executive, bp p.l.c. PETRONAS Leadership Dialogue Future of Refining & Petrochemicals in a World of Surplus Patrick Pouyanné, Chairman & Chief Executive Officer, TOTAL S.A. S.M. Vaidya, Chairman, Indian Oil Corporation Ltd. 3 Technologies to Optimize Costs, Recovery & Emissions in the Upstream Judson Jacobs, Executive Shashi Shanker, Chairman & Director, Upstream Technology, Sunil Duggal, Group Chief Managing Director, Oil and Natural Lorenzo Simonelli, Chairman & IHS Markit Executive Officer, Vedanta Gas Corporation Ltd. (ONGC) CEO, Baker Hughes Growing Share of Gas in India’s Energy Mix: What is realistic? Ernie Thrasher, Chief Executive Michael Stoppard, Chief Meg Gentle, President & Chief Manoj Jain, Chairman & Officer & Chief Marketing Officer, Strategist, Global Gas, IHS Markit Executive Officer, Tellurian Inc.
    [Show full text]
  • C:\Docume~1\Mahesh~1.Bud
    Expenditure Budget Vol. I, 2006-2007 39 STATEMENT 14 PLAN INVESTMENT IN PUBLIC ENTERPRISES (In crores of Rupees) Sl. Budget 2005-2006 Revised 2005-2006 Budget 2006-2007 No. Name of Ministry/Enterprise Total Budget Support Total Budget Support Total Budget Support Plan Plan Plan Outlay Equity Loans Outlay Equity Loans Outlay Equity Loans Ministry of Agriculture 58.00 ... 58.00 84.16 ... 84.16 50.00 ... 50.00 Department of Agriculture and Cooperation 58.00 ... 58.00 84.16 ... 84.16 50.00 ... 50.00 1. Land Development Banks 57.00 ... 57.00 79.16 ... 79.16 45.00 ... 45.00 2. Damodar Valley Corporation ... ... ... 5.00 ... 5.00 5.00 ... 5.00 3. National Seeds Corporation 0.30 ... 0.30 ... ... ... ... ... ... 4. State Farms Corporation of India 0.70 ... 0.70 ... ... ... ... ... ... Department of Atomic Energy 5529.70 568.10 2004.00 4205.38 300.05 1280.03 4294.34 991.19 1606.00 5. Electronics Corporation of India 34.00 9.00 ... 34.00 9.00 ... 39.34 9.34 ... 6. Indian Rare Earths Ltd. 85.10 10.00 ... 72.80 ... ... 80.79 ... ... 7. Uranium Corporation of India 280.60 119.10 ... 225.55 64.05 ... 292.36 100.00 ... 8. Nuclear Power Corporation 4700.00 ... 2004.00 3646.03 ... 1280.03 3400.00 400.00 1606.00 9. Bharatiya Nabhikiya Vidyut Nigam Ltd (BHAVINI) 430.00 430.00 ... 227.00 227.00 ... 481.85 481.85 ... Ministry of Chemicals and Fertilisers 1096.96 91.09 77.29 1109.35 41.70 80.61 1057.54 88.39 57.15 Department of Chemicals and Petrochemicals 97.70 53.60 21.00 49.33 18.21 31.12 91.46 47.53 18.15 10.
    [Show full text]
  • IBEF Presentataion
    OIL and GAS For updated information, please visit www.ibef.org November 2017 Table of Content Executive Summary……………….….…….3 Advantage India…………………..….……...4 Market Overview and Trends………..……..6 Porters Five Forces Analysis.….…..……...28 Strategies Adopted……………...……….…30 Growth Drivers……………………..............33 Opportunities…….……….......…………..…40 Success Stories………….......…..…...…....43 Useful Information……….......………….….46 EXECUTIVE SUMMARY . In FY17, India had 234.5 MMTPA of refining capacity, making it the 2nd largest refiner in Asia. By the end of Second largest refiner in 2017, the oil refining capacity of India is expected to rise and reach more than 310 million tonnes. Private Asia companies own about 38.21 per cent of total refining capacity World’s fourth-largest . India’s energy demand is expected to double to 1,516 Mtoe by 2035 from 723.9 Mtoe in 2016. Moreover, the energy consumer country’s share in global primary energy consumption is projected to increase by 2-folds by 2035 Fourth-largest consumer . In 2016-17, India consumed 193.745 MMT of petroleum products. In 2017-18, up to October, the figure stood of oil and petroleum at 115.579 MMT. products . India was 3rd largest consumer of crude oil and petroleum products in the world in 2016. LNG imports into the country accounted for about one-fourth of total gas demand, which is estimated to further increase by two times, over next five years. To meet this rising demand the country plans to increase its LNG import capacity to 50 million tonnes in the coming years. Fourth-largest LNG . India increasingly relies on imported LNG; the country is the fourth largest LNG importer and accounted for importer in 2016 5.68 per cent of global imports.
    [Show full text]
  • 2 In-Depth Analysis of Existing Situation
    Vadodara Municipal Corporation In-depth analysis of existing situation 2 IN-DEPTH ANALYSIS OF EXISTING SITUATION Vadodara, the third largest city in the state of Gujarat, is one of the focal points of industrial growth in Western India. The city became a metropolis in 1991, along with eleven other major cities across the country, by crossing the one million-population mark. 2.1 DEMOGRAPHIC PROFILE OF VADODARA The city has witnessed high growth (40%) from 1981 to 1991. However, it could not maintain the momentum of growth; the growth rate slowed down to 26% in the last decade, 1991--2001. The population registered in 2001 was 13.06 lakhs as against 10.31 lakhs 1991. The compounded annual growth rate (CAGR) has been steadily declining from 4.64% in 1971-81 to 3.45% in 1981-1991, and further to 2.39 % in 1991-2001. The population in 2005 has been estimated at Table 1. Population of Vadodara around 14.69 lakhs. The population projection Year Population Average annual for 2011 is estimated around 17.54 lakhs and is (lakhs) growth rate (%) based on the hypothesis that the city would 1981 7.34 4.64% grow at a constant rate due to the increasing 1991 10.31 3.45% urbanisation in the state. The trend also shows 2001 13.06 2.39% that the population would increase at a 2005 (Estimated) 14.69 2.99% stabilised average annual growth rate of 2.99% 2011 (Projected) 17.54 2.99% from 2005 to 2011. Source: Census 2001 The population density of the city has increased from 9527 per sq.km in 1991 to 12064 per sq.km in 2001.
    [Show full text]
  • General Register B.Ed
    General Register B.Ed. (with Credits)-Regular-FoEduPsy [B.Ed.] CBCS 2016 , FSBED-I Sr.No PRN Student Name Gender Name of Correcpondence Contact Category Caste Place of Date of Previous Date of 1 2014033800 PRAVAL PRATAP Male FRaAtJhVeIrR/ SGIuNaGrHd i a 179/22 YOAGddESreHsWsAR 917N56o7. 43 SC JABMiNrtAhGA Oct B2i9r,t h19 95 College Name AdAmugi s2s7io, n 137357 SINGH NAGAR 1995 R 2019 NEAR GULAB NAGAR JAMNAGAR JAMNAGAR Jamnagar Gujarat India - 361007 2 2019033800 . KYIZOM LATE Female . LATE TSERING h.no 21 Tibetan colony . 91980599 Open Shimla Jan 29, 1992 LOVELY Aug 26, 117471 TSERING DORJEE DORJEE near medical boys hostel 5750 PROFESSIONAL 2019 road Sanjauli shimla UNIVERSITY. shimla shimla Shimla Himachal Pradesh India - 171006 3 2014033800 ABDULLAH PATEL Male DAUD PATEL NATIONAL TELECOM, NR. 91756753 Open PIPALIYA Nov 21, Aug 26, 042906 MAHMAD VAHID ABDULLAH BUSDEPO, VAGRA, 7885 VAGRA 1996 2019 BHARUCH VAGRA Vagra BHARUCH Bharuch Gujarat India - 392140 4 2019033800 BARIA AVANI Female BARIA E-232/33 Rajeshwari 91932853 ST BHIL Ahmedab Feb 13, S D COLLEGE OF Aug 26, 117486 LIMSINGBHAI BARIA LIMSINGBHAI society IOC Road 8998 ad 1997 COMMERCE 2019 BARIA Chandkheda Ahmedabad Ahmedabad Ahmedabad Gujarat India - 382470 5 2011033800 BHALE JINKAL Female BHALE 5, SAI BABA SOC., NEAR 91942754 SC MAHAR VADODAR Jun 09, 1993 Aug 26, 060255 SUDHIRBHAI SUDHIRBHAI VAGHESHWARI, VIP ROAD, 0223 A 2019 KARELIBAUG VADODARA Vadodara Vadodara Gujarat India - 390018 6 2017033800 BHALODI SAVAN Male BHALODI YAMUNAKUNJ BLOCK NO. 91846024 Open DHORAJI Dec 16,
    [Show full text]