Sonia Gandhi opens HPCL's cross-India 1,054km oil pipline

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BAGRU (JAIPUR), Feb 4, 2009 (Asia In Focus via COMTEX) -- HINPF | Quote | Chart | News | PowerRating -- United Progressive Alliance (UPA) chairperson Sonia Gandhi on Tuesday commissioned HINDUSTAN PETROLEUM CORP LTD'S (HPCL) (BSE:500104) Rs 1,757 crore (US$360 million) Mundra-Delhi pipeline. The pipeline will help India's second-largest oil firm to transport petrol, diesel and kerosene to the northern part of the country.

* The 1,054 km pipeline, built in just 36 months, is one of the country's longest cross-country oil-product pipelines and has been commissioned under the common carrier principle wherein 30 per cent of the capacity can be accessed by companies other than HPCL.

* Rajasthan chief minister Ashok Gehlot and Union Petroleum minister Murli Deora were present at the function.
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