NSE Announcements on Guj State Petro
Posted by :
MMB MessengerGujarat State Petronet Limited has informed the Exchange that "The Board of directors of the Company has approved the Resignation of Shri Hasmukh Adhia, IAS w.e.f. 03rd November, 2009 by passing resolution by circulation dated 11th November, 2009"....
BSE Announcements on Guj State Petro
Posted by :
MMB MessengerGujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company has approved the Resignation of Shri Hasmukh Adhia, IAS w.e.f. November 03, 2009 by passing resolution by circulation dated November 11, 2009....
nirmal baing has given target of Rs120/...
Hi dwarka, Can you please give summary of the article as I am not from Ahmedabad....
furthur dip not possible, buy if u can buy at this level, this is going to be one of the most solid stocks. read V K SHARMA`S article in times dated 16th NOV ahmedabad edition....
GSPL to build gas pipeline from Gujarat to Orissa
Posted by :
kskarthickeyan
Dear Newone,
I am an addict to Google.
I got these informations thru google.
Regards,
Karthikeyan.K.S
...
GSPL to build gas pipeline from Gujarat to Orissa
Posted by :
newoneDear KsK, Where do you get these news from ?...
Oil min proposes over 31% hike in regulated gas price
Posted by :
kskarthickeyanOil min proposes over 31% hike in regulated gas price...
GSPL to build gas pipeline from Gujarat to Orissa
Posted by :
kskarthickeyan
Gujarat State Petronet Ltd (GSPL) plans to lay, build and operate a natural gas pipeline from Gujarat to Orissa under its plans to expand its business to eastern parts of the country.
GSPL, the gas distribution subsidiary of the Gujarat State Petroleum Corporation (GSPC), recently submitted an `expression of interest` in this regard to the Petroleum and Natural Gas Regulatory Board.
The company officials indicated that after the approval, the project is likely to be completed in three years.
The 1,600km long natural gas pipeline will laid from Surat in Gujarat to Paradip in Orissa. The pipeline, which will pass through Maharashtra and Chhattisgarh, is expected to entail an investment of around Rs 6,000 crore.
The GSPL pipeline will have five spur lines, totalling 124 kilometres in length, and its endpoint will be the Indian Oil Corporation`s 15 million tonne per annum refinery at Paradip.
Sources said the gas for the pipeline will most probably come from the LNG terminal of GSPC at Mundra, Shell at Hazira, Petronet at Dahej and the state`s offshore gas fields.
Currently, GSPL supplies over 30 million standard cubic metres of gas in Gujarat.
A senior official of the company said GSPL sees untapped demand for gas in several places along the pipeline`s route. "Currently, there is no network to supply natural gas to Jalgaon, Nagpur, Raipur, Bhubaneshwar and Paradip," the official said. "This is the main reason why we have identified this route for expansion."
Apart from fuelling industrial growth, the pipeline will also help in the development of backward areas along the route. The company has also identified centres where demand for natural gas could be high.
Amravati, Nagpur and Bhandara in Maharashtra, Durg, Bhilai and Raipur in Chhattisgarh and Cuttack, Bhubaneshwar, Anugul and Paradip in Orissa are among the major demand centres identified by it.
GSPL has held discussions with a number of companies, including Mahindra & Mahindra, Bhilai Steel Plant and ACC Cement, for the sale of natural gas.
With Regards,
Karthikeyan.K.S
...
What will be the tgt for next quater?
Posted by :
Tips4sharesWill it touch to Rs. 120 on or before February?...
+ve news for GSPL
Posted by :
ar_akmPlease elaborate the news of Gujrate State Petronet Ltd if possible. However as per my knowledge GSPL is only dealing with transportation of gas from one place to other and Gas price will not effect the company performance?...
+ve news for GSPL
Posted by :
kskarthickeyan
Cabinet may take up regulated gas price hike issue soon...+VE FOR GAIL,ONGC,GSPL,etc...
Buy now......
GSPL a net gainer
Posted by :
kskarthickeyanwill do that ar_akm.Thanks for ur reply....



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