Gaseous?

There is nothing flatulence causing about this bit of news, considering that most politicians are credited at being total gas bags. Why do you think the entire Parliament complex is centrally airconditioned? ;)

The Karnataka government late Friday cleared the proposal of Reliance Industries Ltd to set up 51 retail outlets and a gas distribution network in the state, with a combined investment of Rs.140 billion.

Isn’t it becoming increasingly apparent that Karnataka figures big with the Reliance Group? We’ve heard of their Knowledge City yesterday and today this! What next, I wonder? Surely, Bangalore should hear of Mukesh Ambani’s Reliance Retail location soon. There is talk that their office on Richmond Road, facing the Ashok Nagar Football ground and in the vicinity of Garuda, Globus and Lifestyle Malls, could be the one. Lets see.

Meanwhile, the above news augurs well for Bangalore’s future requirements. It follows the government’s decision to allow sale of surplus production of domestic LPG by private sector companies. Reliance is a key producer of LPG, accounting for 25 per cent of the domestic demand of around 8 million tonnes.

Consider these facts, culled from news reports, for your convenience:

Bangalore consumed 2.55 lakh tonnes of LPG in 2005-06.

The demand for LPG is expected to grow at 6.9 per cent.

Bangalore has 106 LPG distributors.

Each gas agency has an average of 10,000 customers and supplies close to 500 cylinders each day.

IndianOil has gone on record saying that it will be laying a petroleum product pipeline from Chennai to Bangalore. The proposed pipeline would ensure uninterrupted supply of petroleum products to Bangalore-fed areas in a cost-effective manner. IndianOil Board has accorded the first stage approval for this project to be implemented at an estimated cost of Rs. 204.14 crore.

In summary, the optimist in me says that, as with this news, its time that the government stepped on the gas with more such projects that will increase growth & development!

:)

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