The document summarizes India's LPG (liquefied petroleum gas) subsidies. It discusses how private LPG companies struggled to compete with state-owned oil companies that provided heavily subsidized LPG prices. While private companies added over a million customers since 1992, state companies added 14 million due to subsidies. The document also reviews India's economic reforms in the 1990s, energy sector reforms, and the history and challenges of private sector involvement in the LPG market.
June 2014 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
INDUSTRY ANALYSIS : Oil & Gas Industry
COMPANY ANALYSIS : HPCL
Concept of the Month
Quiz
Did You Know?
Ever since Corona Pandemic began, employee retention and employment
generation have inevitably become most important responsibilities of
Governments at the Centre, States & also Private Entrepreneurs. Mining,
Quarrying and Water resources management are the biggest outdoor sources of
employment besides Agriculture, for lakhs of youth, many of whom have
migrated back to their villages & towns. The mining sector has the potential to
grow to employ about 48lakh persons directly and create a total of 5 crore jobs
in mines and related ancillary industries and services, by 2025. The ratio of
direct to indirect employment in the Mining Sector is 1:10. “An investment of
US$ 1 in exploration is estimated to give a return of US$15” (Ernst and Young
Rept.-2011, p. 34). Another independent study says, that “for every rupee of
investment in mining there is an investment of Rs.12 in the downstream value
chain ancillary industries". Specially in case of gold, every tonne of gold mined
will save 55million US$ in Forex and ploughs Rs.150 to 200 Crores into the
Local Rural Economy in the form of wages, ancillary industries, supplies of
materials and machinery, skill development, rural infrastructure , education,
health care, entertainment etc., besides generating revenue to the Govt.
Therefore, mining serves to alleviate poverty to a large degree. As per
McKinsey Global Institute, India needs to create 150 million non-farm jobs by
2025, to significantly reduce poverty. The Confederation of Indian Industry
(CII) in 2011 had done a study for the Ministry of Mines and brought out a
“Skill Mapping Report”. As per this report, in the period up to 2025, there will
be a need for some 3,000 geoscientists and 40,000 mining engineers over and
above the normal supply. Achieving self-sufficiency in minerals and reducing
the dependence on import of metals and minerals, on a fast track investment
mode, are the other most important national goals set by the Hon’ble Finance &
Corporate Affairs Minister as a follow up on the Prime Minister’s call for a
“Self-reliant India Movement” on the 12 th May2020. The Hon’ble Finance Min-
ister made Policy Reforms -related pronouncements to fast track investments
into Coal Sector & Non-coal Minerals Sector.
June 2014 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
INDUSTRY ANALYSIS : Oil & Gas Industry
COMPANY ANALYSIS : HPCL
Concept of the Month
Quiz
Did You Know?
Ever since Corona Pandemic began, employee retention and employment
generation have inevitably become most important responsibilities of
Governments at the Centre, States & also Private Entrepreneurs. Mining,
Quarrying and Water resources management are the biggest outdoor sources of
employment besides Agriculture, for lakhs of youth, many of whom have
migrated back to their villages & towns. The mining sector has the potential to
grow to employ about 48lakh persons directly and create a total of 5 crore jobs
in mines and related ancillary industries and services, by 2025. The ratio of
direct to indirect employment in the Mining Sector is 1:10. “An investment of
US$ 1 in exploration is estimated to give a return of US$15” (Ernst and Young
Rept.-2011, p. 34). Another independent study says, that “for every rupee of
investment in mining there is an investment of Rs.12 in the downstream value
chain ancillary industries". Specially in case of gold, every tonne of gold mined
will save 55million US$ in Forex and ploughs Rs.150 to 200 Crores into the
Local Rural Economy in the form of wages, ancillary industries, supplies of
materials and machinery, skill development, rural infrastructure , education,
health care, entertainment etc., besides generating revenue to the Govt.
Therefore, mining serves to alleviate poverty to a large degree. As per
McKinsey Global Institute, India needs to create 150 million non-farm jobs by
2025, to significantly reduce poverty. The Confederation of Indian Industry
(CII) in 2011 had done a study for the Ministry of Mines and brought out a
“Skill Mapping Report”. As per this report, in the period up to 2025, there will
be a need for some 3,000 geoscientists and 40,000 mining engineers over and
above the normal supply. Achieving self-sufficiency in minerals and reducing
the dependence on import of metals and minerals, on a fast track investment
mode, are the other most important national goals set by the Hon’ble Finance &
Corporate Affairs Minister as a follow up on the Prime Minister’s call for a
“Self-reliant India Movement” on the 12 th May2020. The Hon’ble Finance Min-
ister made Policy Reforms -related pronouncements to fast track investments
into Coal Sector & Non-coal Minerals Sector.
Theequicom Research is an ISO certified and leading financial advisory firm in Indian market. We provide tips and recommendation for stock cash, bullion, stock future, nifty future, agri and option. We provide tips for both stock and commodity market with more than 90 % accuracy.
Greetings,
Attached FYI ( NewBase Special 08 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Energy minister calls for Dh3.5bn savings in water and energy
• Algeria expects 4.1 pct rise in oil and gas exports in 2015
• India: Big-Oil spending cuts lower ONGC’s cost of exploration
• S.Korea:SABIC, SK inaugurate new industrial plant
• Hungary imports oil from Iraq's Kurdistan at expense of Russian crude
• US: Oilfield cannibals: to save cash, U.S. drillers strip idle rigs
• Oil rebounds, shrugging of U.S. stockpile build
• Four Ways the Oil Price Crash Is Hurting the Global Economy
• IMF trims forecast for global growth amid China slowdown
• Why lifting oil export ban can help U.S. foreign policy
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
India is the world’s fourth-largest energy consumer in the world; oil and gas account for 37.3 per cent of total energy consumption. Buoyant economic growth is the main factor driving the country’s energy requirements.
India has 5.6 billion barrels of proven oil reserves, with an average oil production of 0.8 million barrels per day (MPBD). Oil consumption is estimated to expand at a compounded annual growth rate (CAGR) of 3.4 per cent during FY2008-16 to 4 MPBD by 2016. India has 1,330 billion cubic meters (BCM) of gas reserves and produced 47.6 BCM of gas in 2012.
The Government of India has enacted various policies, such as the New Exploration Licensing Policy (NELP) and Coal Bed Methane (CBM) policy, to encourage investments across the industry's value chain. 100 per cent foreign direct investment (FDI) is allowed in the exploration and production (E&P) projects/ companies; and 49 per cent is allowed in refining.
Liquefied natural gas (LNG) imports have increased significantly; offering huge opportunities for LNG terminal operation, engineering, procurement and construction services.
GEONESIS is a compilation of various news appeared in different
sources. In this issue we have tried to do an honest compilation. This edition is
exclusively for information purpose and not for any commercial use. Your suggestions
are most valuable.
Your suggestions and feedback is awaited at :-
editor@geonesis.org
Indian economic crisis of 1991,
PERMITRAJ,
PROTECTIVE MARKET and CONTROLLED ECONOMY
liberalization and privatization
devaluation of Indian rupee,
globalization of India
Sustainable development (SD) is a pattern of economic development in which resource use aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come. Conserve energy, save water, reduce emission, minimize waste, green design and learn sustainability are few ways we can do in order to preserve environment. hopefully this slides will teach us how to love our earth :)
Theequicom Research is an ISO certified and leading financial advisory firm in Indian market. We provide tips and recommendation for stock cash, bullion, stock future, nifty future, agri and option. We provide tips for both stock and commodity market with more than 90 % accuracy.
Greetings,
Attached FYI ( NewBase Special 08 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Energy minister calls for Dh3.5bn savings in water and energy
• Algeria expects 4.1 pct rise in oil and gas exports in 2015
• India: Big-Oil spending cuts lower ONGC’s cost of exploration
• S.Korea:SABIC, SK inaugurate new industrial plant
• Hungary imports oil from Iraq's Kurdistan at expense of Russian crude
• US: Oilfield cannibals: to save cash, U.S. drillers strip idle rigs
• Oil rebounds, shrugging of U.S. stockpile build
• Four Ways the Oil Price Crash Is Hurting the Global Economy
• IMF trims forecast for global growth amid China slowdown
• Why lifting oil export ban can help U.S. foreign policy
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
India is the world’s fourth-largest energy consumer in the world; oil and gas account for 37.3 per cent of total energy consumption. Buoyant economic growth is the main factor driving the country’s energy requirements.
India has 5.6 billion barrels of proven oil reserves, with an average oil production of 0.8 million barrels per day (MPBD). Oil consumption is estimated to expand at a compounded annual growth rate (CAGR) of 3.4 per cent during FY2008-16 to 4 MPBD by 2016. India has 1,330 billion cubic meters (BCM) of gas reserves and produced 47.6 BCM of gas in 2012.
The Government of India has enacted various policies, such as the New Exploration Licensing Policy (NELP) and Coal Bed Methane (CBM) policy, to encourage investments across the industry's value chain. 100 per cent foreign direct investment (FDI) is allowed in the exploration and production (E&P) projects/ companies; and 49 per cent is allowed in refining.
Liquefied natural gas (LNG) imports have increased significantly; offering huge opportunities for LNG terminal operation, engineering, procurement and construction services.
GEONESIS is a compilation of various news appeared in different
sources. In this issue we have tried to do an honest compilation. This edition is
exclusively for information purpose and not for any commercial use. Your suggestions
are most valuable.
Your suggestions and feedback is awaited at :-
editor@geonesis.org
Indian economic crisis of 1991,
PERMITRAJ,
PROTECTIVE MARKET and CONTROLLED ECONOMY
liberalization and privatization
devaluation of Indian rupee,
globalization of India
Sustainable development (SD) is a pattern of economic development in which resource use aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come. Conserve energy, save water, reduce emission, minimize waste, green design and learn sustainability are few ways we can do in order to preserve environment. hopefully this slides will teach us how to love our earth :)
Proposta de divisão do treinamento físico personalizado em fases de execução. Padronização para atender de forma eficiente seu cliente em um programa de treinamento.
Activities in oil and gas industry,Top 10 oil and gas companies in India, contribution to India's GDP,oil supply and Demand in India, challenges for the oil and gas industry, Investment and FDI.
Upstream Ahead - Oil & Gas Industry in India | 2021Social Friendly
The one-of-its-kind virtual summit hosted erudite and intellectual panels of more than 70 speakers from the Oil & Gas Industry. Nearly 40+ topics were presented by these best of the best speakers from across the globe, along with experts from Financial/Academic Institutions, Regulatory authorities & Central Ministries, Service providers, Consulting firms, and Institutions like NITI Aayog, World Energy Congress, MNRE, DPIIT, FICCI, etc. With registered participants reaching a grand number of 7,000 (+), the summit indeed has set a benchmark in many aspects. This is probably the first of its kind biggest summit for the Oil & Gas sector with a huge number of technocrats participating from the national/ international companies and other stakeholders. A Social Friendly Report.
One of the biggest challenges for the resurgent Indian economy is the exponentially growing demand for energy. With the country's oil import bill for last financial year touching a staggering $150 billion and per capita consumption of electricity languishing at a paltry 917.2kWh, as against 3298 kWh in China and 12346 kWh in the US, energy is clearly a critical focus area for the new NDA Government.
The Government has decided to tackle this challenge proactively by focusing on the three As – access, availability and affordability – as the primary drivers to reach the goal of sustainable energy for all. Landmark reforms are being planned for energy sector policies, and some, such as the new bill for the coal sector, has improved upon a 40-year legacy with one bold stroke. The Government has also set very ambitious targets for the renewable energy sector, with 100GW of solar energy installed capacity envisioned by 2020, entailing investments to the tune of USD 100bn.
Given the significant developments underway in this sector, the November issue of Policy Watch reached out to industry leaders across the power, hydrocarbons and renewable energy sectors, to capture their views on the policy reforms being proposed by the Government, and their recommendations to ensure a sustainable and energy-secure future for the country
IOCL acquiring Govt share in GAIL
Oil and Gas Sector in India
Natural Gas consumption in India
Reasons for Acquisition
Indian oil company limited
Ratios
shareholding profile Gail
empire building theory
synergies
valuation
future outlook
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.