India and Hungary signed an agreement for gas monitoring recently. India’s Gujarat Info Petro Ltd(GIPL), a subsidiary of Gujarat State Petroleum Corporation has signed an agreement for Gas Monitoring System with Hungary’s Cason Engineering Plc. This agreement was signed between V K sharma, CEO, Gujarat Info, and Ferenc Szakacs, Chairman and CEO of Cason during Vibrant Gujarat Summit 2013.
Gujarat Info petro ltd(GIPL) provides IT services to corporate houses, government departments,corporations etc. while Cason Engineering is the Hungary based technology company which offers services such as Implementation, Manufacturing and development of system which are responsible for gas distribution network monitoring.
What is the Scope of this India and Hungary Agreement ?
The aim of this agreement between India and Hungary is to provides automation services for oil as well as gas companies in India.This will provide joint technical solutions, which will generate fast accessibility and ease for development of city gas distribution Industry.
Advantages of this Agreement
* This agreement will provide technical solutions in order to control the sales procedures and procurement procedures for daily purchased Gas volumes.
* Provides access for stakeholders to everyday business data along with technology reports and alarm through web based applications.
The Prime Minister of Hungary Victor Orban will visit India in October 2013 to launch this project.