India, Hungary sign pact for ‘Gas Monitoring System’
Following the MoU signed during the Vibrant Gujarat Summit-2013, for a gas monitoring system b/w Gujarat Info Petro Ltd, a subsidiary of Gujarat State Petroleum Corporation and Cason Engineering Plc, Hungary, both have inked a pact in pursuant to the same.
How would this pact help?
Cason brings with it experience in developing, manufacturing and implementing systems for gas distribution network monitoring. It will share its expertise with the Indian company to provide automation services for gas and oil companies in India. The joint technical solutions generate easy and fast accessibility to the latest leading technologies for the rapidly developing city gas distributor industry.
What are the advantages of Gas Monitoring System?
The key benefits are:
- To provide tool to control the procurement and sales procedures of daily purchased gas volume and to provide access for stakeholders to the relevant daily business data with technology reports and alarms via Web-based applications.
- It will also provide a pipeline monitoring system and leak detection to leading oil pipeline operators to reduce the number of accidents and incidences such as thefts and pilferages caused by third parties in the pipelines.
- To provide solutions for disaster management and security issues of cross-country pipelines.
Month: Current Affairs - June, 2013