Saturday, December 3, 2022
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Gas economy: CIL begins pilot project to convert diesel dumpers to LNG

In a significant move to reduce its carbon footprint, Coal India Limited (CIL), in association with GAIL (India) Limited and BEML Limited, has begun a pilot project to replace the use of diesel with LNG in dumpers

GAIL Q1 FY 2021-22: Net profit zooms 500% y-o-y, but dips 20% q-o-q

GAIL (India) Limited’s standalone net profit has zoomed 500 percent in Q1 of FY 2021-22 year-on-year at Rs 1,529.92 crore

AIADMK wants GAIL KKMBP pipeline project in Tamil Nadu to be halted. Read why

State's opposition AIADMK arguing that the GAIL KKMBP pipeline project in Tamil Nadu passing through the arable lands and that is why it should rather go along the highways in the interest of farmers

GAIL has sent pipeline monetisation plan to Centre; may launch InvIT in FY22: CMD

GAIL has sent a plan for monetising two of its pipelines through InvIT to the ministry and if approvals come, an InvIT may be launched in FY22, said the CMD

GAIL sees 36% drop in PAT in Q4, 26% drop in FY21 y-o-y

GAIL has registered a 36 percent decline in PAT in the March quarter and a 26 percent decline in PAT for FY21 year-on-year

India to move towards one-stop energy retailing for all transport fuels: Dharmendra Pradhan

Dharmendra Pradhan has said that India will move towards the concept of one-stop energy retailer where all different transport fuels shall be available at a single point

Reliance & affiliates pick up over 75% of gas bid out from KG-D6 blocks

Reliance Industries and its affiliates have picked up over 75 percent of the gas bid out from the firm’s gas field in the KG-D6 blocks off the east coast off India, said sources

COVID: In India, PSUs are leading the charge against #OxygenShortage from the front

As India faces an acute shortage of oxygen in fighting the 2nd wave of COVID-19 infections, PSUs are leading the charge from the front to address the crisis

COVID-19: Govt summons oil PSUs into service, asks them to set up oxygen plants in hospitals

The government has summoned its oil PSUs into service and has asked them to set up medical oxygen plants in hospitals across 93 locations in India

These PSUs have declared interim dividends in 2020 so far

The declaration of interim dividends by PSUs is not new, however, the official direction certainly seems to have created pressure on PSUs to reach out into their treasuries and deliver dividends to stakeholders

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