For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Moily approves proposal to hike OMCs' financial contribution towards every free LPG connection in Delhi

By Religare
|

The Petroleum Minister Veerappa Moily has approved the proposal of Delhi Government to increase the financial contribution of oil PSUs towards every free LPG connection in Delhi, under the initiative called 'Delhi Kerosene-free city'.

As per the initiative, oil PSUs and Delhi government have agreed to provide free LPG connections to the poor using kerosene as cooking fuel.

Delhi chief minister Sheila Dixit met Moily to explain the situation that security deposit for new connections has been raised from Rs 1,400 to Rs 1,600 and demanded that oil PSUs be asked to share equal burden.

 

Media reports said that Moily agreed immediately to the proposal and hiked the contribution of oil PSUs to Rs 800 per connection, which is equal to what Delhi Government has been paying.

The move has been expected to boost the process of releasing new connections to almost 3.56 lakh households and a gas stove free of cost.

Story first published: Monday, November 19, 2012, 14:30 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more