Net Profit: Rs1456 cr You would have imagined that with oil prices skyrocketing over the past few years, companies such as BPCL would do exceptionally well. That hasn

Cooking gas plants that generate gas from bio-degradable household waste would be useful in addressing the current fuel crisis and waste disposal problem in the capital. But the technology has largely been ignored.

I think it was in Bangalore a few years ago when I had this sort of Eureka moment. Actually I didn

Sujay Mehdudia

NEW DELHI: The stern warning issued by Petroleum Secretary R.S. Pande to the oil marketing companies (OMCs) has paid off. The waiting list for new LPG connections has been reduced by almost 50 per cent and the oil companies have given an assurance that the remaining would be wiped out by the end of this month. The issues came up during a review of the petro products position carried out by Mr. Pande at his office on Tuesday.

The second review comes on the heels of an oil industry meeting chaired by Petroleum and Natural Gas Minister Murli Deora last month.

JAIPUR: The Rajasthan government has reduced value added tax (VAT) on diesel by two per cent, making the fuel cheaper by 60 paise per litre, and abolished the four per cent VAT on liquefied petroleum gas, reducing its price by Rs.13.42 per cylinder.

However, the government has not provided any relief on petrol.
Annual burden

State Parliamentary Affairs Minister Rajendra Singh Rathore told reporters here on Saturday that the decision would put an annual burden of Rs.250 crore on the State exchequer, with Rs.200 crore for diesel and Rs.50 crore for the cooking gas.

Business Standard / New Delhi August 26, 2008, 5:18 IST

Sujay Mehdudia

NEW DELHI: Raghaw Sharan Pandey, who took over as the new Petroleum Secretary on Friday, has issued strict directions to the Oil Marketing Companies (OMCs) not to put any restrictions on "release and registration' of new LPG connections and make provisions for the purchase of 15 lakh new LPG cylinders to overcome any shortage in future.

T. Ramakrishnan

For 2008-2009, the government proposes to give eight lakh connections

CHENNAI: The State government is yet to receive the Centre's sanction for eight lakh LPG (Liquefied Petroleum Gas) connections, proposed to be given in the current financial year, under its free LPG connection scheme.

For 2008-2009, the State government proposes to give eight lakh connections with two-burner gas stoves.