'National Gas, after a detailed due diligence and market feasibility on the LPG market in India, has entered into a MoU with KPCL
to engage in further discussions for setting up an LPG import and storage terminal', the company said in a filing to the Muscat Securities Market on Wednesday.
was allocated six coal blocks Kiloni, Manora Deep, and Baranj I- IV in 2003 under NDA government.
Considerably, this will as well be the first gas-based Utility Power venture of KPCL
represents a new trend of Indian expatriates here hosting tournaments in the name of their home state.
BHEL has already executed similar projects for KPCL
that include a 3 MWp Grid Connected Solar Power Plant near Raichur and a 5 MWp Grid Connected Solar Power Plant at Belakavadi Village near Shivanasamudram in Karnataka.
The Economic Times also reported that UK private equity firm 3i Group plc (LON:III) sought to shed its 9.2% stake in KPCL
under its strategy to exit its Indian investments.
According to the agreement, Ashok Leyland will provide 85 U-Trucks to KPCL
, for all its inter carting operations at the port.
However, the rating favourably factors in the strength arising from its 100% ownership by Government of Karnataka (GoK) and the strategically important role occupied by KPCL
in the state power sector by virtue of its status as the primary power generating company in Karnataka.
during its 8th Annual Felicitation Program held recently, announced the scholarship program to further give impetus to company's principle of assisting and motivating children from underprivileged background to get access to education.