Home » National » Paradeep – Hyderabad gas pipeline would be commissioned by 2020

Paradeep – Hyderabad gas pipeline would be commissioned by 2020

Hyderabad :24/5/18; Subhodh Dakwale, Executive Director and All India Head for Corporate Communications and Branding, Indian Oil Corporation Limited said that the Paradeep – Hyderabad gas pipeline being constructed at a cost of Rs. 2321 crore would be commissioned by 2020.

Addressing a press conference here today, Dakwale said that IOCL would be expanding in the next two to three years investing about Rs. 3000 crore.  Land acquisition for laying the pipleline from Paradeep – Vizag – Vijayawada – Suryapet, Hyderabad is almost over, he said.

A green field project with a cost of Rs. 320 crore would be taken up in Vizag soon.  In Telangana, IOCL would be setting up a new oil terminal investing Rs. 500 crore, he said, Terminals would also be set up in Thimmapur and Charlapalli in Telangana.  The capacity of terminals at Vijayawada and Vizag will be augmented at a cost of Rs. 316 crore.

The IOCL, India’s flagship oil company operates 11 refineries and its 80.07 million metric tonne refining capacity is 35% of the national refining capacity.  IOCL has about 13,400 km pipeline to transport crude oil and petroleum.  The company has 27,000 fuel stations and provides cooking gas (LPG) to 12 crore house holds through over 10,000 distributors.  The company has plans to step up the refining capacity from the present 80.7 mm tpa to 150 mm tpa by 2030

Under the Pradhana Mantri Ujjwala Yojana 72 lakh connections were provided.  Dakwale, further said that 2,500 fuel stations have been solarised so far.  In Telangana, the company has 1043 retail outlets and 328 LPG distributors and terminals in Cherlapalli and Ramagunda, LPG bottling plants in Cherlapalli and Thimmapur.

The company has contributed Rs. 3838 crore to the state exchequer of Telangana and Rs. 3171 crore to the government of Andhra Pradesh.

Rahul Bharadwaj, Executive Director (South), Senthil Kumar Head, Retail Services, South, Sadhana Mittal, Head, Corporate Communications (South) also were present.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

Commerce and Industry Minister Shri Piyush Goyal co-chairs 6th India-US Commercial Dialogue in Washington D.C

Washington D.C :4/10/24: The 6th consecutive India-US Commercial Dialogue, chaired jointly by the Union Minister of Commerce and Industry, Government of India, Shri Piyush Goyal, and U.S. Secretary of Commerce, Ms. ...