{"id":427899,"date":"2021-07-29T12:07:14","date_gmt":"2021-07-29T06:37:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427899"},"modified":"2021-07-29T12:07:14","modified_gmt":"2021-07-29T06:37:14","slug":"state-run-oil-companies-spend-one-fifth-of-annual-capex-target-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/state-run-oil-companies-spend-one-fifth-of-annual-capex-target-in-q1\/","title":{"rendered":"State-run oil companies spend one-fifth of annual capex target in Q1"},"content":{"rendered":"<p>State-run oil companies have spent Rs 20,000 crore, nearly a fifth of their annual capex target of Rs 1,05,000 crore, in the first quarter this year, as per the Oil Ministry data.<\/p>\n<p>Bharat Petroleum (BPCL NSE -0.62 %) has spent at the fastest pace among state-run companies, using up 39% of its annual target of Rs 10,000 crore in the April-June period. The refiner, which is seeking a new owner, is investing in a range of projects from pipelines to petrochemicals facility, marketing infrastructure and city gas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run oil companies have spent Rs 20,000 crore, nearly a fifth of their annual capex target of Rs 1,05,000 crore, in the first quarter this year, as per the Oil Ministry data. Bharat Petroleum (BPCL NSE -0.62 %) has spent at the fastest pace among state-run companies, using up 39% of its annual target of Rs 10,000 crore in the April-June period. The refiner, which is seeking a new owner, is investing in a range of projects from pipelines to petrochemicals facility, marketing infrastructure and city gas.<\/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-427899","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\/427899","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=427899"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427899\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}