Oil and gas PSUs pledge ₹99.60 crore to Badrinath Dham
May 06, 2021
To also build 100 PSA oxygen plants
Public Sector oil and gas sector companies Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd, Hindustan Petroleum Corporation Ltd, ONGC, and GAIL on Thursday signed MoUs with Badrinath Utthan Charitable Trust to contribute ₹99.6 crore in the first phase of construction and redevelopment of Badrinath Dham as a spiritual smart hill town.
The developmental activities will include river embankment work, building all-terrain vehicular path, building bridges, beautifying existing bridges, establishing gurukul facilities with accommodation, creating toilet and drinking water facilities, installing streetlights, and mural paintings, the Ministry of Petroleum and Natural Gas said in a statement.
IOC, ONGC, GAIL, other oil PSUs commit Rs 100 cr for redevelopment of Badrinath Dham shrine
The holy Badrinath Dham is not only a centre of faith for crores of Hindus across the world it is also a major centre of India s pilgrimage economy with a great potential to facilitate regional economic development, said Oil Minister Dharmendra Pradhan
PTI | May 6, 2021 | Updated 17:20 IST
Oil Minister Dharmendra Pradhan
India s top oil PSUs - IOC, ONGC, GAIL, BPCL and HPCL - on Thursday committed Rs 100 crore for the redevelopment of Badrinath Dham, one of the holiest shrines of Hindus, Oil Minister Dharmendra Pradhan said.
Oil and Gas stocks were trading in the positive zone, with the S&P BSE Oil&Gas index rising 212.25 points or 1.42% at 15201.99 at 09:48 IST. Among the components of the S&P BSE Oil&Gas index, Oil & Natural Gas Corpn Ltd (up 2.6%), Gujarat State Petronet Ltd (up 2.11%),Bharat Petroleum Corporation Ltd (up 1.7%),Hindustan Petroleum Corporation Ltd (up 1.53%),Indian Oil Corporation Ltd (up 1.48%), were the top gainers. Among the other gainers were Petronet LNG Ltd (up 1.15%), Indraprastha Gas Ltd (up 1.14%), GAIL (India) Ltd (up 0.94%), and Reliance Industries Ltd (up 0.73%). On the other hand, Castrol India Ltd (down 0.72%), moved lower.
At 09:48 IST, the S&P BSE Sensex was up 203.24 or 0.42% at 48456.75.
NEW DELHI: Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as state-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus.
Petrol now costs Rs 90.55 per litre in Delhi, up from Rs 90.40, according to a price notification of state-owned fuel retailers.
A litre of diesel comes for Rs 80.91, as against Rs 80.73 previously.
Rates have been increased across the country and vary from state to state depending on the local incidence of taxation (VAT).
Oil companies, who have in recent months resorted to unexplained freeze in rate revision, had hit a pause button after cutting prices marginally on April 15. This coincided with electioneering hitting peak to elect new governments in five states including West Bengal.
Petrol price up 15 paise, diesel 18 paise after over two-week hiatus
NEW DELHI: Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as state-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus.
Petrol now costs Rs 90.55 per litre in Delhi, up from Rs 90.40, according to a price notification of state-owned fuel retailers.
A litre of diesel comes for Rs 80.91, as against Rs 80.73 previously.
Rates have been increased across the country and vary from state to state depending on the local incidence of taxation (VAT).
Oil companies, who have in recent months resorted to unexplained freeze in rate revision, had hit a pause button after cutting prices marginally on April 15. This coincided with electioneering hitting peak to elect new governments in five states including West Bengal.