{"id":369857,"date":"2020-08-26T08:32:12","date_gmt":"2020-08-26T03:02:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369857"},"modified":"2020-08-26T08:48:41","modified_gmt":"2020-08-26T03:18:41","slug":"state-run-oil-and-gas-firms-set-to-invest-rs-1-62-trillion-this-year","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/state-run-oil-and-gas-firms-set-to-invest-rs-1-62-trillion-this-year\/","title":{"rendered":"State-run oil and gas firms set to invest Rs 1.62 trillion this year"},"content":{"rendered":"<p>State-run oil and gas firms are set to invest Rs 1.62 trillion in FY21 \u2013 including capital expenditure (capex) and operational expenditure (opex) \u2014 which is expected to generate employment of 240 million man-days. <\/p>\n<p>At present, the sector is seeing work on 8,363 projects with an anticipated cost of Rs 5.88 trillion. <\/p>\n<p>These expenditure figures, expected to give a fillip to the employment scenario, were lined up by the companies in a review meeting by Petroleum Minister Dharmendra Pradhan recently. <\/p>\n<p>\u201cThe amount spent will create a virtuous cycle of investments and play a crucial rule in reviving the economy. It will also provide employment opportunities to people,\u201d said the ministry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run oil and gas firms are set to invest Rs 1.62 trillion in FY21 \u2013 including capital expenditure (capex) and operational expenditure (opex) \u2014 which is expected to generate employment of 240 million man-days. At present, the sector is seeing work on 8,363 projects with an anticipated cost of Rs 5.88 trillion. These expenditure figures, expected to give a fillip to the employment scenario, were lined up by the companies in a review meeting by Petroleum Minister Dharmendra Pradhan recently. \u201cThe amount spent will create a virtuous cycle of investments and play a crucial rule in reviving the economy. It [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-369857","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369857","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=369857"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369857\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}