Enhancement of open source HPCL
is well suited as an embedded system to support the nanotechnology instruments.
We are excited to be working with HPCL
on such a challenging project and look forward to a long-term relationship.
A Kingfisher spokesman said, " We are in full compliance with the credit terms as mutually agreed with HPCL
from time to time.
We should be able to finalise the location in next few weeks," HPCL
chairman and managing director ( CMD) Arun Balakrishnan said.
claims & runs 2 major refineries manufacturing a broad range of petroleum fuels & specialties, one in Mumbai of 6.
Executives of IOC, BPCL and HPCL
also hold the grouse that the govt has not been allowing them to raise the prices of petroleum products to bring them at par with market prices due to political reasons.
37 a litre at IOC outlets in Delhi, while the fuel at HPCL
and BPCL pumps would be sold at Rs.
had landed in trouble after extending massive credit to Kingfisher Airlines in violation of established norms.
IOC's borrowings in this fiscal have risen to Rs 45,000 crore compared to Rs 30, 000 crore last year BPCL and HPCL
have borrowed close to Rs 21,000 crore each
This share of the money has been received by IOC, BPCL and HPCL
Though the government has decided to compensate IOC, BPCL and HPCL
for the losses incurred on selling LPG and kerosene, the finance ministry has not yet issued any bonds for the three quarters.
Non- issuance of oil bonds had led to HPCL
and BPCL reporting net losses in the July- September quarter.