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1.GSPC firms to sell piped gas in Dadra and Nagar Haveli, Thane

State-run gas distribution firms, Gujarat Gas Company Ltd (GGCL) and GSPC Gas Company Ltd

2.Petroleum Corporation to produce gas

The first major project to be commissioned after Narendra Modi takes over as Prime Minister may be one by his pet Gujarat firm GSPC, which is ready to produce gas from a field in the Krishna Godavari basin. GSPC has completed the $ 2 bn development of the Deen Dayal shallow-water gas field

3.Gujarat LNG terminal to be ready in three years

Gujarat's third LNG terminal, which will be developed jointly by Gujarat State Petroleum Corporation (GSPC) and the Adani Group, is expected to be ready in the next three years.GSPC and Adani Group have forged a 50:50 JV for developing the LNG import terminal at Mundra.

4.Contracting Projects

Maire Tecnimont SpA’s main operating company, Tecnimont SpA and its fully owned subsidiary Tecnimont ICB Pvt Ltd (TICB) of India have been awarded two EPC contracts on a lumpsum turnkey basis for the realisation of polyolefin plants for PE and PP in Dahej, Gujarat State, India.

5.GAIL asked to revisit gas pipeline projects

The petroleum ministry has pulled up both GAIL and the cash-short oil marketing companies (OMCs) for bidding to get capital intensive gas pipeline projects at a time when gas availability is uncertain. The OMCs had recently bid for three pipeline projects worth Rs 15,000 crore through a consortium with GSPC and bagged all.

6.GSPC ups gas prices on non-allocation of natural gas

Gujarat State Petroleum Corporation (GSPC) has hiked the gas prices across the board. The PSU has raised the price of CNG from Rs 34.45 per kg to Rs 37 per kg, while it has revised the rate of gas supply to industry from Rs 20.45 per standard cubic metre (pscm) to Rs 29.10

7.Contracts awarded for the month of May 2011

IL&FS Engineering & Construction Company Ltd has been awarded a contract by Prime Star Energy FZE (PSE) for construction of a storage tank terminal at Fujairah, UAE.

8.A look at business opportunities bagged by industry players

Nagarjuna Construction Company has bagged a contract from NHAI to execute the four-laning of 163 km Jamshedpur-Ranchi stretch of NH-33.

9.New turbo generator tested by BHEL

BHEL’s Hyderabad unit tested the generators of ratings 150 MW, 15.75 kV in India at its amachandrapuram factory.

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