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Strategic Petroleum Reserve (India)
Indian Strategic Petroleum Reserves Limited (ISPRL) is an Indian company responsible for maintaining the country's strategic petroleum reserves. ISPRL is a wholly owned subsidiary of the Oil Industry Development Board (OIDB), which functions under the administrative control of the Ministry of Petroleum and Natural Gas. ISPRL maintains an emergency fuel store of total 5.33 MMT (million metric tons) or of strategic crude oil enough to provide 9.5 days of consumption. Strategic crude oil storages are at three underground locations in Mangalore, Visakhapatnam and Padur (Udupi, Karnataka). All these are located on the east and west coasts of India which are readily accessible to the refineries. These strategic storages are in addition to the existing storages of crude oil and petroleum products with the oil companies and serve in response to external supply disruptions. Indian refiners maintain 64.5 days of crude storage, so India has overall reserve oil storage of 74 days. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special-purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leavi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Established In 2005
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Noida
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Security
Energy security is the association between national security and the availability of natural resources for energy consumption. Access to (relatively) cheap energy has become essential to the functioning of modern economies. However, the uneven distribution of energy supplies among countries has led to significant vulnerabilities. International energy relations have contributed to the globalization of the world leading to energy security and energy vulnerability at the same time. Renewable resources exist worldwide across every biome except the North and South Poles (only nuclear (and wind in the winter) is feasible), in contrast to fossil fuels, which are concentrated in a limited number of countries. Nations don't switch from unpredictable fossil fuels to renewables overnight. It is a long, continuous process. Rapid deployment of renewable energy, increased energy efficiency, and diversification of energy sources, energy stores, and types of energy machines can use a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutions Of Petroleum In India
Institutions are humanly devised structures of rules and norms that shape and constrain individual behavior. All definitions of institutions generally entail that there is a level of persistence and continuity. Laws, rules, social conventions and norms are all examples of institutions. Institutions vary in their level of formality and informality. Institutions are a principal object of study in social sciences such as political science, anthropology, economics, and sociology (the latter described by Émile Durkheim as the "science of institutions, their genesis and their functioning"). Primary or meta-institutions are institutions such as the family or money that are broad enough to encompass sets of related institutions. Institutions are also a central concern for law, the formal mechanism for political rule-making and enforcement. Historians study and document the founding, growth, decay and development of institutions as part of political, economic and cultural history. Def ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Economics
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasoline (p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rajkot
Rajkot () is the fourth-largest city in the Indian state of Gujarat after Ahmedabad, Vadodara, and Surat, and is in the centre of the Saurashtra region of Gujarat. Rajkot is the 35th-largest metropolitan area in India, with a population of more than 2 million as of 2021. Rajkot is the 6th cleanest city of India, and it is the 7th fastest-growing city in the world as of March 2021."City Mayors World's fastest growing urban areas (1)" . Retrieved 31 December 2016 The city contains the administrative headquarters of the Rajkot District, 245 km from the state capital Gandhinagar, and is lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Modi Ministry
The Second Ministry of Narendra Modi is the Council of Ministers headed by Prime Minister of India Narendra Modi that was formed after the 2019 general election which was held in seven phases in 2019. The results of the election were announced on 23 May 2019 and this led to the formation of the 17th Lok Sabha. The swearing-in ceremony was arranged in the courtyards of Rashtrapati Bhavan at Raisina Hill. The heads of the states of BIMSTEC countries were invited as guests of honor for this ceremony. On 7 July 2021, the government went through a ministry expansion with several big names dropped and new faces sworn in. Many current ministers were also given promotion for their good work. Council of Ministers Cabinet Ministers , colspan=7, Ministers of State (Independent Charge) Ministers of State indicates the minister died in office. Outgoing Ministers These are t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bikaner
Bikaner () is a city in the northwest of the state of Rajasthan, India. It is located northwest of the state capital, Jaipur. Bikaner city is the administrative headquarters of Bikaner District and Bikaner division. Formerly the capital of the princely state of Bikaner, the city was founded by Rao Bika in 1488 CE and from its small origins it has developed into the fourth largest city in Rajasthan. The Ganges Canal, completed in 1928, and the Indira Gandhi Canal, completed in 1987, facilitated its development. History left, Bikaner coat of arms Prior to the mid 15th century, the region that is now Bikaner was a barren wilderness called Jangladesh. Rao Bika established the city of Bikaner in 1488. He was the first son of Maharaja Rao Jodha of the Rathore clan, the founder of Jodhpur and conquered the largely arid country in the north of Rajasthan. As the first son of Jodha he wanted to have his own kingdom, not inheriting Jodhpur from his father or the title of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chandikhole
Chandikhole is a place in Jajpur district, Odisha, India. The place has been named after Goddess "Chandi" worshipped by late monk Baba Bhairabananda Bramhachari who established the deity of ''Maa Chandi'' in one of the adjoining hills of Barunei full of dense forest and ferocious animals in 1932. Chandikhol has been selected for the establishment of one of Strategic Petroleum Reserve (India) location. Geography It is located in the Jajpur District of Odisha. Location Chandikhole is one of the end points of National Highway 200, the other end being Raipur. National Highway 16 passes through Chandikhole. Nearest airport is Biju Patnaik Airport Biju Patnaik International Airport is an international airport serving Bhubaneswar, the capital city of Odisha. It is situated around south-west from Bhubaneswar Railway Station and from the city center. Named after the former chief minis ... at Bhubaneswar, which is at a distance of about 70 km. It is an extremely strategic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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