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Indane [3] [4] is a subsidiary of Indian Oil Corporation which is under the ownership of Ministry of Petroleum and Natural Gas of the government of India. It is the world's second largest government-owned subsidiary responsible for manufacturing LPG. [5] The brand was conceived in 1964 to bring modern cooking to Indian kitchens.
LPG is used for cooking in many countries for economic reasons, for convenience or because it is the preferred fuel source. In India, nearly 28.5 million metric tons of LPG were consumed in the 2023-24 financial year in the domestic sector, mainly for cooking. [19]
Companies nationalised by the Government of India (1 C, 42 P) Pages in category "Government-owned companies of India" The following 178 pages are in this category, out of 178 total.
In 2013, PDVSA, Venezuelan state-owned company, spent US$1.7 billion in direct costs of importation of gasoline, and subsidizing all sales of gasoline in the internal Venezuelan market. The sale price of gasoline was US$0.015 [needs update] per liter, on a fixed price in the local currency that has been in effect since 1997. Given the low price ...
In India, the pricing of fuel varies by state, though central taxes still are part of the pump price of fuel. The Central and state government's taxes make up nearly half of petrol's pump price. The Central govt has different taxes, which amount to about 10–20% of the final cost.
Major disinvestment steps were taken in the past by the BJP-led NDA government between 1999 and 2004. BJP privatised the central government establishments such as central public sector units which included Bharat Aluminium Company (BALCO), Hindustan Zinc [4] (both to Sterlite Industries), Indian Petrochemicals Corporation Limited [5] (to Reliance Industries) and VSNL [6] (to the Tata group ...
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According to the LPG trade association [50] in the UK there are about 1500 refuelling stations that cater for the 160,000 LPG powered vehicles on UK roads. This represents less than 1% of vehicles. The only Government incentive to use LPG is the lower road fuel tax applied to LPG compared to petrol.