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May 2019
6:55 PM IST
News Headlines
Twenty-four killed in Afghanistan floods        New Zealand beat India by six wickets in warm-up match        President appoints Modi as Prime Minister        Modi asks NDA MPs to work without discrimination, reach out to minorities        Day after BJP''s massive victory, all eyes now on govt formation        Cong-JDS cabinet reposes faith in Kumaramaswamy after dismal show in LS polls        Surat: 19 students die as fire engulfs commercial complex        Britain''s Brexit-beaten Theresa May announces resignation, to step down on June 7        Two more Indian mountaineers die on Mount Everest, toll of Indians rises to 8        Nadal, Federer set up potential semifinal at Roland Garros        India, New Zealand seek tune-up in warm-up clash        Federer, Nadal threaten Djokovic bid for historic Slam        Uncertainty over Serena fitness, Osaka form at Roland Garros        Sensex, Nifty hit record highs as early trends hint at NDA win        Rupee rises 26 paise to 69.40/USD in early trade ahead of Lok Sabha elections outcome        Chinese man guilty of defrauding Apple out of 1,500 iPhones        US aviation regulator says Boeing hasn't submitted 737 MAX fix        Indian among 18 people arrested in Nigeria for illegal bunkering        US-Japan vision for Indo-Pacific serves as foundation for global partnership: White House        Rahul elected from Wayanad LS seat        
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Business News
HPCL to set up LPG bottling plant in Odisha
 
(Bhubaneswar, Feb16, 2019): The Hindustan Petroleum Corporation Limited (HPCL) is setting up an LPG bottling plant with a capacity of filling 42 lakh cylinders per year at Rayagada in Odisha to meet the growing demand, a top officials of the company said Friday. Announcing this at a press meet here, Dharmendra Behura, HPCL Deputy General Manager, LPG Region, Bhubaneswar, said Union minister Dharmendra Pradhan is scheduled to lay the foundation stone for the plant on February 19.

The new plant will be the second LPG bottling plant of HPCL in Odisha as it already has one at Jatni. State owned Oil marketing companies now have LPG bottling plants at Balasore, Jharsuguda, Khurda and Jatni in the state. The current bottling capacity of the four plants is 2.80 crore cylinders per annum. In addition to the proposed plant at Rayagada, oil marketing companies have plans to set up new plants at Bhubaneswar and Balangir, Behura said.

Odisha will then have a total of seven LPG bottling plants and their total capacity will be about 4.06 crore cylinders per annum, he said. There has been a significant growth of LPG in Odisha where the LPG consumer base of 20.22 lakh as in 2014 has grown up to 76.65 lakh now, an increase 279.1 per cent, he said. The demand for packed LPG in Odisha was 3.2 crore cylinder last year which is expected to be 4.3 crores cylinder by 2020. The HPCL has 26.64 lakhs customers at present and they consume about 1.3 crore cylinders in a year and it is expected to increase to 1.6 crore cylinders by 2020.

With the LPG demand growing particularly in Western and south-western Odisha, need for putting up a new bottling plant was felt and the historical town of Rayagada was chosen for locating it considering its logistics advantage, Behura said. The Rayagada plant, once commissioned, shall be supplying cylinders to the consumers in 11 districts.


Sensex, Nifty hit record highs as early trends hint at NDA win
Rupee rises 26 paise to 69.40/USD in early trade ahead of Lok Sabha elections outcome
Chinese man guilty of defrauding Apple out of 1,500 iPhones
ILFS crisis: ED conducts fresh raids in Mumbai
Tata Motors shares fall 7 pc post quarterly results
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Andhra Bank net loss down by 51.34pc in Q4
Imminent crisis in NBFC sector: Corp Affairs Secy
China : Volvo to recall over six thousand cars
Pak to continue talks with IMF on bailout over weekend
Chinese envoy says trade talks with US have not broken down
Amazon's Bezos unveils lunar lander project 'Blue Moon'
UPL announces 26.75 pc stake buy in Allfresh
SBI reports net profit of Rs 838 cr in Mar 2019 quarter; trims bad loan ratio
KERALA NEWS
Rahul elected from Wayanad LS seat
 Thiruvananthapuram: Congress president Rahul Gandhi was Thursday declared elected from the Wayanad L  
LS polls candidate attacked in Kerala
Two women abort their plan to enter Lord Ayyappa temple Sabarimala
Kerala CM meets CEOs of leading business firms in Switzerland
INTERNATIONAL NEWS
Twenty-four killed in Afghanistan floods
 Kabul: At least 24 people were killed and 221 houses destroyed across Afghanistan in heavy floods in
Britain''s Brexit-beaten Theresa May announces resignation, to step down on June 7
Two more Indian mountaineers die on Mount Everest, toll of Indians rises to 8
US aviation regulator says Boeing hasn't submitted 737 MAX fix
NATIONAL NEWS
President appoints Modi as Prime Minister
 New Delhi: President Ram Nath Kovind on Saturday appointed Narendra Modi as the new Prime Minister.
Day after BJP''s massive victory, all eyes now on govt formation
Cong-JDS cabinet reposes faith in Kumaramaswamy after dismal show in LS polls
Will approach party high command against Sidhu: Amarinder Singh
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