India and Hungary Signed Agreement for Gas Monitoring System

Gujarat Info Petro Ltd (GIPL) signed an agreement with Cason Engineering Plc, Hungary, for gas monitoring system.

Created On: Jun 26, 2013 14:21 ISTModified On: Jun 26, 2013 14:23 IST

Gujarat Info Petro Ltd (GIPL), the subsidiary of Gujarat State Petroleum Corporation signed an agreement with Cason Engineering Plc, Hungary, for gas monitoring system. This agreement was in accordance with the MoU signed during the Vibrant Gujarat Summit-2013. This agreement was signed between VK Sharma, CEO, Gujarat Info, and Ferenc Szakács, Chairman and CEO of Cason.

Gujarat Info Petro Ltd offers the IT services to government departments, corporate houses, corporations as well as boards. Cason Engineering Plc, on the other hand, is the Hungary-based technology company which offers services such as implementation, manufacturing as well as development of the systems which are responsible for gas distribution network monitoring. It also developed as well as installed new solutions that are equipped with leading technologies. These are meant for large oil pipeline operators in various countries as well as Europe.

The aim of the agreement is providing automation services for oil as well as gas companies in India. This will provide joint technical solutions, which will generate fast accessibility as well as ease for development of city gas distributor industry.

Primary advantages of these joint technical solutions are to provide the tool in order to control the sales procedures as well as procurement procedures of daily purchased gas volume. Also, these solutions will provide access for stakeholders to everyday business data along with the technology reports and alarms through the Web-based applications.

Apart from this, the special pipeline monitoring system as well as leak detection for leading oil pipeline operators will also be offered. This would result in less number of accidents as well as incidences such as pilferages and thefts. This will also help in solutions for disaster management as well as security issues of cross-country pipelines.

The Prime Minister of Hungary Viktor Orban will visit India in October 2013 in order to launch the product.

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