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BPCL to Set Up LPG Bottling Plant and POL Terminal in Bokaro

Speaking on the occasion, Pradhan said, the growth of petroleum products' consumption in Jharkhand was 15 per cent against 7-8 per cent in big cities

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BPCL, LPG, Bottling Plant
BPCL will set up a LPG bottling plant and POL (petroleum, oil and lubricants) terminal here. Pixabay

Jharkhand Chief Minister Raghubar Das and Union Minister of Petroleum & Natural Gas & Steel Dharmendra Pradhan laid the foundation stones of Bharat Petroleum’s (BPCL) two projects, here on Sunday.

BPCL will set up a LPG bottling plant and POL (petroleum, oil and lubricants) terminal here.

Speaking on the occasion, Pradhan said, the growth of petroleum products’ consumption in Jharkhand was 15 per cent against 7-8 per cent in big cities, like Mumbai, Delhi, Chennai and Kolkata. The petrol consumption in Jharkhand had increased 61 per cent, signifying growing prosperity, he said.

The Rs 350 crore infrastructure projects are expected to create employment for 1,000 people. “In the coming years, the oil and gas sector will invest around Rs 10,000 crore in Jharkhand,” Pradhan said.

BPCL, LPG, Bottling Plant
Jharkhand Chief Minister Raghubar Das and Union Minister of Petroleum & Natural Gas & Steel Dharmendra Pradhan laid the foundation stones of Bharat Petroleum’s (BPCL) two projects. Pixabay

The state government has allotted 20 acres of land to BPCL in Bokaro Industrial Estate for the project. The POL project, which will come up at Radhanagar, is expected to complete in 2021-22.

Also Read- ‘Khichdi’ as Haute-Cuisine in Luring Ambiance of Eatery Chain, “Khichdi – The Global Food”

Till August 1, LPG penetration in Jharkhand was 74.97 per cent and the demand is projected to increase to 385 TMT by 2020-21. The number of LPG distributors is likely to increase by 205 from the present 506. (IANS)

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Focus on energy security to become self sustainable: Narendra Modi

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By Newsgram Staff Writer

Talking on energy security, Prime Minister Narendra Modi on Friday said India will have to be independent in this area and seek new avenues to replenish existing sources in a bid to serve the growing need of the people.

He called for enhancing domestic production to reduce the energy import burden of the country by at least 10 per cent, till 2022 – the occasion of the platinum jubilee of India’s independence.

“We need to be independent when it comes to providing our people with energy,” Modi said, while inaugurating the “Urja Sangam – 2015” conference on energy security at the Vigyan Bhavan exposition complex in Delhi.

He also asked people who are well off to surrender their fuel subsidy entitlement.

“People who don’t need LPG subsidy and those who are capable of managing without it should give it up. I ask you to join this movement. Give up gas subsidy. Create a record. The subsidy that you will give up will go a long way in benefitting the poor people.”

People are already giving up their subsidy, Modi said, and added that “over 2.8 lakh consumers have surrendered LPG subsidy, resulting in a saving of Rs.100 crore to the exchequer”.

Modi said that the government aims to provide piped cooking gas, which currently serves 27 lakh households, to one crore households in the next four years. He also complimented ONGC Videsh Ltd, Engineers India Ltd, and Barauni Refinery, for their successful journey of five decades, and called upon India’s energy sector to plan for the next five decades with a global perspective. He said India, with one-sixth of the world’s population, should shoulder one-sixth of the world’s energy responsibility, hence contributing to global prosperity.