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Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Oil Reserves – Indian Defence Research Wing

Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Oil Reserves – Indian Defence Research Wing
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India generalAndhra pradeshNirmala sitharamanIndia ltdHindustan petroleum corporation ltdIndian oil corporationDuring the expenditure finance committeeMopng ministry of petroleumNatural gas corporationBharat petroleum corporation ltdMinistry of petroleumCabinet committee on economic affairsDepartment of expenditureMinister nirmala sitharamanNatural gasExpenditure finance committee

India OMCs: Govt halves Budget support to oil firms, defers filling strategic oil reserves, ET Auto

India OMCs: The government has halved the equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects. While other state-owned oil companies have lined up investments to achieve net zero carbon emissions, the equity support was limited to the three fuel retailers

India generalAndhra pradeshNirmala sitharamanCabinet committee on economic affairsNatural gas corporationIndia ltdMinistry of petroleumDepartment of expenditureIndian oil corporationMopng ministry of petroleumHindustan petroleum corporation ltdDuring the expenditure finance committeeBharat petroleum corporation ltdMinister nirmala sitharamanNatural gasExpenditure finance committee

Govt halves Budget support to oil firms, defers filling strategic oil reserves

Sources said the two firms plan to halve the rights issue and complete them by March 31.

Andhra pradeshIndia generalNirmala sitharamanBharat petroleum corporation ltdNatural gas corporationDepartment of expenditureMopng ministry of petroleumCabinet committee on economic affairsIndia ltdDuring the expenditure finance committeeIndian oil corporationMinistry of petroleumHindustan petroleum corporation ltdMinister nirmala sitharamanNatural gasExpenditure finance committee

Centre halves FY24 capital infusion in OMCs to Rs 15,000 crore

Centre halves FY24 capital infusion in OMCs to Rs 15,000 crore
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Andhra pradeshSaudi arabiaMopng ministry of petroleumCabinet committee on economic affairsDepartment of expenditureDuring the expenditure finance committeeExpenditure finance committeeMinistry of petroleumCabinet committeeEconomic affairsNatural gas