Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.
Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.
If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin Gadkari.
The 10 synthetic gasifiers that make up the project are now finally commissioned.
The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural gas.
Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.
Petroleum Minister Dharmendra Pradhan said this in a written reply to a question in the Lok Sabha.
During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.
Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.
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