HYDROCARBON SECTOR MAY SEE HIGHER FOREIGN EQUITY
Article Abstract:
A new foreign equity capital structure for the hydrocarbon sector is being evolved by the Government of India. It is aimed at increasing the foreign equity capital in upstream and downstream projects. The Government plans to change the equity capital structure of the petroleum sector. It also plans to allow 100 percent foreign equity in projects of exploration of small oilfields and laying of pipes. In the case of refineries, the Government plans to allow foreign participation up to 49 percent. Automatic approval will be provided up to 74 percent in the case of liquefied natural gas (LNG)/natural gas pipelines. The Government will clear projects on their merits. (ag)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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HOW COCONUT WASTE BECAME AN ECO-FRIENDLY, EXPORTABLE PRODUCT
Article Abstract:
Coconut husk, which is generally discarded, has become the raw material for the coir industry. The husk is waste which is recycled into useful products like fibre, yarn, floor coverings and coir yarn bailing. The process involves husk collection, setting, fibre extraction and spinning. Retting of the coconut husk makes extraction of fibre easier. Coir products are promoted and exported highlighting their eco- friendliness, bio- compatability, sustainability and renewability. Value-added coir products get better realisations abroad. (uh)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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