Business Daily from THE HINDU group of publications Wednesday, Aug 20, 2008 ePaper | Mobile/PDA Version | Audio |
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Outlook Adani Energy’s gas supply to Faridabad in Haryana soon Virendra Pandit Ahmedabad, Aug. 19 The Gujarat-based Adani Energy Ltd (AEL), which has invested nearly Rs 150 crore in its northern projects, expects to start supplying compressed natural gas (CNG) to Faridabad in Haryana in the next couple of months and to three cities in Uttar Pradesh next year, according to a company official. . “We have already laid a 48-km-long steel pipeline in Faridabad and a CNG station is ready in the city near New Delhi for supply of gas to Haryana State Road Transport Corporation buses. Another CNG station is also in the final stages of construction. We expect that GAIL would provide us gas connectivity in the next eight weeks to enable us to start gas distribution to Faridabad before the end of 2008,” the official told Business Line on condition of anonymity. In Faridabad, the company has planned to set up 10 CNG stations and would also be subsequently supplying gas for industrial, commercial and domestic purposes. AEL, which has also laid steel pipelines measuring around 50 km each in Lucknow, Noida and Khurja in Uttar Pradesh, expects the State Government’s nod in the next few months to start gas distribution in that State as well. The company would distribute an estimated 2.5 lakh cubic metres of gas daily in Faridabad and Noida each, five lakh cubic metres a day in Lucknow and 1.5 lakh cubic metres in Khurja. AEL is also set to expand its gas network in Udaipur and Jaipur where it is in the process of laying the pipelines, the official said. AEL, which procures 5.20 lakh cubic metres of gas a day from Gujarat State Petroleum Corporation Ltd, is planning to increase its domestic supplies to 27,000 customers in Ahmedabad, who have registered recently, besides the existing 26,000. Also, with possibility of gas procurement from different sources increasing in the next few months, AEL is planning to set up more CNG stations in each taluka of Ahmedabad and Vadodara districts where it has been permitted by the Gujarat Government to supply gas. When petrol is cheaper than LPGThose who have converted to LPG usage in their vehicles believing it to be a cheaper fuel option than petrol may be in for a shock. For, in terms of calorific values, LPG is turning out to be more expensive than petrol. According to an expert, one litre of auto LPG, having 6,44,000 calories, is currently priced at Rs 37.98 a unit as against one litre of petrol, having 10,800 calories being sold at Rs 54.11 — inclusive of excise duty and VAT. In terms of calorific values, the price of auto LPG turns out to be Rs 5.90 per 1,000 calories while that of petrol is Rs 5.01 per 1,000 calories. Thus, petrol comes cheaper than LPG. On the other hand, one litre of diesel contains 10,600 calories and is priced at Rs 39.33, that is Rs 3.71 per 1,000 calories. In the case of one kg of CNG, having 12,100 calories, the total price is Rs 28.61 a unit, or Rs 2.36 per 1,000 calories. Adani Energy can resume city gas projects in UP City gas distribution: Adani to seek nod for rollout More Stories on : Outlook | Petroleum
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