Petroleum and Natural Gas Ministry discarded Gas Allocation of DMICDC

Jun 28, 2012, 16:52 IST

Economy Current Affairs 2012. Petroleum and Natural Gas Ministry discarded Gas Allocation of DMICDC on 25 June 2012

The Petroleum and Natural Gas Ministry on 25 June 2012 discarded Gas allocation of Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC). The gas allocation was of 8 million metric standard cubic metres per day (mmscmd) gas from two of DMICDC power projects, to provide gas at reasonable rate.

The request was neglected because as per Petroleum Ministry there is additional demand of fertilizer about 22 mmscmd and any allocation of gas to DMICDC projects was not possible.

Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) is a mega infra-structure project of 90 billion dollar. It has the financial & technical help of Japan. It is covering the length of 1483km between Delhi and Mumbai. DMICDC strains on expanding the manufacturing and services base and to develop DMIC as the Global Manufacturing and Trading Hub.

Jagran Josh
Jagran Josh

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