OIL pays second call of Rs 551 crore to Numaligarh Refinery

Oil India has paid the second call of Rs 551 crore to Numaligarh Refinery at Rs 27.50 per equity share. Numaligarh Refinery, according to the filing, has allotted 20, 03, 44,555 partly paid-up equity shares to Oil India under rights issue allotment. The company holds 69.63 percent in Numaligarh Refinery.

Mahanagar Gas forms JVC ‘Mahanagar LNG’

Mahanagar Gas Limited has informed that subsequent to the Certificate of Incorporation issued by the Ministry of Corporate Affairs, the Joint Venture Company has been incorporated in the name of “Mahanagar LNG Private Limited” on December 26, 2023, which shall be the subsidiary of Mahanagar Gas Limited and is yet to commence its business operations.

Confidence Enterprises receives LOA worth Rs. 67 crores from BPCL

Confidence Enterprises Private Limited (100% subsidiary of Confidence Futuristic Energetech Limited, which is a subsidiary of Confidence Petroleum India Limited) received Letter of Acceptance from Bharat Petroleum Corporation limited (BPCL) to supply 450 number of CNG Type-I CNG mobile/stationary cascades for BPCL CGD Projects worth of approximately Rs. 67 crores.