| HPCL-led consortium holds petrochem complex at Vizag | 20-NOV-09 |
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| State-run oil refiner Hindustan Petroleum Corporation (HPCL)-led consortium has temporarily put on hold its proposed Rs 30,000 crore petrochemicals complex at Visakhapatnam, a top official said today. |
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| OHPC, NHPC to set up hydro projects in Orissa | 17-NOV-09 |
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| The state owned power generator, Orissa Hydro Power Corporation (OHPC) will sign a memorandum of understanding (MoU) with the National Hydro Power Corporation (NHPC) for developing some multi-purpose projects in the state with a generating capacity of above 25 Mw. |
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| U'khand wants NHPC no-objection on Lakhwar Vyasi | 16-NOV-09 |
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| Faced with cost overrun and inordinate delays, the Uttarakhand government has urged the Centre to ask NHPC to issue a no-objection letter, which is needed for resuming the work of the 420 Mw Lakhwar Vyasi multi-purpose project. |
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| PSU oil firms hike ATF prices by 2.4% | 15-NOV-09 |
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| For the second time this month, state-owned oil firms today hiked jet fuel prices, this time by 2.4 per cent following a spurt in international oil rates. |
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| PSUs' peculiar problem | 15-NOV-09 |
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| With profit-making not being the sole motive of public units, caution needs to be exercised while investing in their IPOs. |
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| Petroleum Min seeks Rs 11,853 cr oil bonds | 06-NOV-09 |
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| The Petroleum Ministry has sought oil bonds worth Rs 11,853 crore for state-run fuel retailers to make up for the losses they incurred on selling domestic LPG and kerosene below cost during the first half of the current fiscal. |
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| Limited disinvestment in a few PSUs only for now: FM | 04-NOV-09 |
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| The government has identified some public sector companies for disinvestment, but its primary focus would be to dilute equity in listed profitable companies with less than 10 per cent public shareholding, with follow-on public offerings. |
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| MP govt to slap notice on IOC | 02-NOV-09 |
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| In the wake of the deadly fire that ravaged the Indian Oil Corporation’s (IOC’s) depot in Jaipur, the Madhya Pradesh governemnt has woken up to the realisation that the company’s Bhopal depot is a ‘nuisance’. The state government will soon serve a notice on the company under Section 133 of the CrPC (removal of nuisance). |
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| HPCL net loss at Rs 136 cr | 28-OCT-09 |
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| Oil marketing company Hindustan Petroleum Corporation (HPCL)'s net loss has narrowed to Rs 136.68 crore in the September quarter of financial year 2010 due to lower crude oil prices which resulted in better margins for the company. |
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| HPC recieves award | 26-OCT-09 |
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| Hindustan Paper Corporation Ltd received the SCOPE award MoU Excellence, 2007-08, at an event held in Delhi on October 15. 2009. Raji Phillip, CMD, received the award on behalf of Hindustan Paper Corporation Ltd.SCOPE (Standing Conference of Public Enterprises – an apex body of Government owned Public Enterprises under Ministry of Heavy Industries and Public Enterprises) Excellence Awards have been conceptualized and instituted to recognize the contribution of Public Enterprises and to encourage outstanding persons for work and leadership qualities. |
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| NHPC to miss Plan period capacity target by 30% | 25-OCT-09 |
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| NHPC Ltd, the country’s largest hydro power producer, is likely to miss its generation capacity addition target of 5,322 Mw for the current Plan period (2007-12) by over 30 per cent owing to geological and law & order problems at project sites. The company will, however, manage to meet its annual commitment of generating 17,200 million units this year. |
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| OMCs fear rise in underrecoveries | 17-OCT-09 |
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| As crude oil prices touched a fresh one-year high, trading at above $75 a barrel on Thursday, analysts and oil sector executives said underrecoveries could rise and become a cause of concern. |
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