{"id":351008,"date":"2020-05-13T10:55:41","date_gmt":"2020-05-13T05:25:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351008"},"modified":"2020-05-13T10:55:41","modified_gmt":"2020-05-13T05:25:41","slug":"state-refiners-spent-more-than-they-had-planned-in-2019-20","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/state-refiners-spent-more-than-they-had-planned-in-2019-20\/","title":{"rendered":"State refiners spent more than they had planned in 2019-20"},"content":{"rendered":"<p>NEW DELHI: Hindustan PetroleumNSE 1.92 %, Bharat PetroleumNSE 0.42 %, Indian OilNSE 1.40 % and ONGC Videsh exceeded their capital expenditure targets in 2019-20, more than offsetting slower spending by GAILNSE 0.96 %, ONGCNSE 1.97 % and Oil IndiaNSE 1.23 %, as India\u2019s state-run oil companies together spent 6% more than their annual capex target last fiscal year.<\/p>\n<p>Their combined capex of Rs 98,955 crore was also 3.4% higher than what they had spent in 2018-19, according to the oil ministry data.<\/p>\n<p>Oil companies have been off to a slow start this year due to the Covid-19 pandemic and the lockdowns in several countries that have severely restricted movement of men and material across the globe, affecting projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Hindustan PetroleumNSE 1.92 %, Bharat PetroleumNSE 0.42 %, Indian OilNSE 1.40 % and ONGC Videsh exceeded their capital expenditure targets in 2019-20, more than offsetting slower spending by GAILNSE 0.96 %, ONGCNSE 1.97 % and Oil IndiaNSE 1.23 %, as India\u2019s state-run oil companies together spent 6% more than their annual capex target last fiscal year. Their combined capex of Rs 98,955 crore was also 3.4% higher than what they had spent in 2018-19, according to the oil ministry data. Oil companies have been off to a slow start this year due to the Covid-19 pandemic and the [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-351008","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351008"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351008\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}