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Gujarat Mineral signs long term supply agreement with City Gold Pipes

Gujarat Mineral signs long term supply agreement with City Gold Pipes

For supply of 150 MT of limestone from its upcoming Lakhpat Punrajpur MineGujarat Mineral Development Corporation (GMDC) has signed a Long-Term Supply Agreement (LSA) with City Gold Pipes (A consortium of Goldcrest Cement and Kailash Darshan Housing Development (Gujarat)) for the supply of 150 million tons of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch District in Gujarat. Powered by Capital Market - Live News
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Owning A Plane Costs As Much As An MG Hector? Reddit Post Sparks Conversation
Owning A Plane Costs As Much As An MG Hector? Reddit Post Sparks Conversation

NDTV

timea day ago

  • NDTV

Owning A Plane Costs As Much As An MG Hector? Reddit Post Sparks Conversation

Owning a plane might be a dream for many young entrepreneurs and businessmen. However, owning a plane might not be as expensive as it seems. Recently, we came across a Reddit post, suggesting that "owning a plane, all-inclusive costs about as much as an MG Hector". The post has now steered a conversation among car and aircraft enthusiasts on the platform. In a Reddit post, user kraken_enrager sparked a discussion, stating, "Lately I have gotten into aviation and was looking at what a Light Sport Aircraft (LSA) might cost in terms of capital and operating costs, and what I discovered staggered me." "LSAs that I have been looking at use about 26-30 litres of fuel per hour at 160 knots (300kmph). I'm looking at about total running costs of 5-7k per hour, which means, when you include tolls, maintenance, bad roads, and whatnot, owning a plane, all inclusive, costs about as much as an MG Hector would." Look at the actuals here, adulterated petrol is 20 rupees more expensive, while giving 20% less fuel." However, the internet fetched humour over the discussion with users' comments like- "Potatoes are Rs 40/kg. They're not powering any cars though." Other user stated- "Armchair experts desperately try to sound clever by making oversimplified comparisons." Aviation fuel is cheaper than petrol. by u/kraken_enrager in CarsIndia Meanwhile, a few users also discussed the topic, presenting facts and figures on the platform. A user explained that if a small aircraft operates between Airports Authority of India (AAI) airports, parking fees are minimal, less than Rs 20 per ton per hour, and the first two hours are free. Aircraft with a maximum takeoff weight under 10,000 kg are exempt from landing charges. Also, eliminating the ground handling agent can keep the cost low, but regulatory compliance can be challenging.

Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate
Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate

Economic Times

time2 days ago

  • Economic Times

Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate

A Reddit post claiming that owning and operating a small aircraft in India can cost about the same as running a mid-size SUV like the MG Hector — and that aviation fuel is cheaper than petrol — has triggered a lively discussion online. The user wrote that Light Sport Aircraft (LSA) they had researched consume around 26–30 litres of fuel per hour while flying at about 160 knots (roughly 300 km/h). With operating costs estimated at Rs 5,000–Rs 7,000 per hour, they argued that owning such a plane, factoring in fuel, maintenance, and other expenses, could be comparable to the total cost of owning an MG Hector. The post also pointed out that petrol, often adulterated, can be ₹20 more expensive per litre than aviation fuel, while delivering 20% less how the numbers actually stack up across four metro cities: City ATF Price (₹/litre) Petrol Price (₹/litre) Difference (₹) Delhi ₹92.02 (per IOCL, converted from ₹92,021.93/kL) ₹94.72 ₹2.70 Mumbai ₹86.08 (per IOCL, ₹86,077.14/kL) ₹103.50 ₹17.42 Kolkata ₹95.16 (per IOCL, ₹95,164.90/kL) ₹103.94 ₹8.78 Chennai ₹95.51 (per IOCL, ₹95,512.26/kL) ₹100.85 ₹5.34 The claim drew a mix of fascination and scepticism. 'Purchase link please. I got 600 hours experience in MSFS,' one user quipped, referring to Microsoft Flight compared urban commuting costs: 'Peak hour CNG auto is more expensive in Bangalore than an airplane per kilometre of travel in Bangalore.' A commenter familiar with aviation operations noted that if a small aircraft operates between Airports Authority of India (AAI) airports, parking fees can be minimal — less than ₹20 per tonne per hour, with the first two hours free — and landing fees waived for planes with a maximum take-off weight under 10,000 kg. However, they cautioned that compliance with aviation regulations is complex, and pilots without an instrument rating would be restricted to flying between sunrise and sunset. Not everyone agreed with the fuel comparison. One user argued that aviation turbine fuel (ATF) is 'just kerosene with additives' such as anti-microbial agents, anti-icing compounds, cleaning chemicals, and anti-corrosives — and that the lower price does not necessarily make aircraft operation more affordable in practice. The discussion has highlighted both the niche economics of private flying in India and the gaps between perception and reality when comparing aviation costs with everyday road transport. This debate comes amid India recently marking a major milestone by hitting its E20 target—petrol blended with 20% ethanol—five years ahead of schedule. While this achievement is being hailed as a significant step toward greener fuels and reduced oil imports, it has also triggered a wave of discussion about its impact on everyday motorists. Several vehicle owners have taken to social media, claiming noticeable drops in mileage after switching to E20. A Volkswagen Vento driver from Maharashtra reported that his car's fuel efficiency plunged from 10 km/l to 6 km/l after a refill, despite acknowledging that newer vehicles manufactured after 2020 are designed to handle the blend. He pointed out that in countries using much higher ethanol ratios, like E80, vehicles are specifically engineered for those fuels—something he feels is not yet the case for much of India's older car have shared similar experiences: a Honda owner claimed his mileage slipped from 12 km/l to 8 km/l, attributing the change directly to ethanol's lower energy content. A Tata Tigor driver noted his highway efficiency fell from 25 km/l to 20 km/l. One particularly frustrated motorist summed up the sentiment with a sarcastic jab—driving now 'feels like owning a Hyundai but getting Mercedes mileage.' Still, some voices in the debate have defended the policy, pointing out that ethanol blending is a global practice. They cited examples from the US, EU, and China, where such fuels are commonplace, and accused critics of ignoring the long-term environmental and economic benefits. In response to the growing chatter, the Ministry of Petroleum and Natural Gas issued an official statement rejecting claims that E20 severely harms fuel efficiency. The ministry described the concerns as 'unscientific' and 'factually incorrect,' stating that the blend is safe for both older and newer vehicles. It admitted that certain parts, like rubber seals or gaskets—might need replacement after 20,000–30,000 km, but stressed these costs fall under routine maintenance schedules.

Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate
Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate

Time of India

time2 days ago

  • Time of India

Owning a plane costs as much as an MG Hector, viral post on aviation fuel cheaper than petrol sparks debate

A Reddit post sparked debate by suggesting that owning a small aircraft in India could be as affordable as running a mid-size SUV, citing lower aviation fuel costs. While some users found the idea intriguing, others pointed out the complexities of aviation regulations and the additional costs involved. Tired of too many ads? Remove Ads City ATF Price (₹/litre) Petrol Price (₹/litre) Difference (₹) Delhi ₹92.02 (per IOCL, converted from ₹92,021.93/kL) ₹94.72 ₹2.70 Mumbai ₹86.08 (per IOCL, ₹86,077.14/kL) ₹103.50 ₹17.42 Kolkata ₹95.16 (per IOCL, ₹95,164.90/kL) ₹103.94 ₹8.78 Chennai ₹95.51 (per IOCL, ₹95,512.26/kL) ₹100.85 ₹5.34 Social media reacts Tired of too many ads? Remove Ads Counterpoints raised Debate amidst another row over ethanol blending A Reddit post claiming that owning and operating a small aircraft in India can cost about the same as running a mid-size SUV like the MG Hector — and that aviation fuel is cheaper than petrol — has triggered a lively discussion online. The user wrote that Light Sport Aircraft (LSA) they had researched consume around 26–30 litres of fuel per hour while flying at about 160 knots (roughly 300 km/h). With operating costs estimated at Rs 5,000–Rs 7,000 per hour, they argued that owning such a plane, factoring in fuel, maintenance, and other expenses, could be comparable to the total cost of owning an MG Hector. The post also pointed out that petrol, often adulterated, can be ₹20 more expensive per litre than aviation fuel, while delivering 20% less how the numbers actually stack up across four metro cities:The claim drew a mix of fascination and scepticism. 'Purchase link please. I got 600 hours experience in MSFS,' one user quipped, referring to Microsoft Flight compared urban commuting costs: 'Peak hour CNG auto is more expensive in Bangalore than an airplane per kilometre of travel in Bangalore.'A commenter familiar with aviation operations noted that if a small aircraft operates between Airports Authority of India (AAI) airports, parking fees can be minimal — less than ₹20 per tonne per hour, with the first two hours free — and landing fees waived for planes with a maximum take-off weight under 10,000 kg. However, they cautioned that compliance with aviation regulations is complex, and pilots without an instrument rating would be restricted to flying between sunrise and everyone agreed with the fuel comparison. One user argued that aviation turbine fuel (ATF) is 'just kerosene with additives' such as anti-microbial agents, anti-icing compounds, cleaning chemicals, and anti-corrosives — and that the lower price does not necessarily make aircraft operation more affordable in discussion has highlighted both the niche economics of private flying in India and the gaps between perception and reality when comparing aviation costs with everyday road debate comes amid India recently marking a major milestone by hitting its E20 target—petrol blended with 20% ethanol—five years ahead of schedule. While this achievement is being hailed as a significant step toward greener fuels and reduced oil imports, it has also triggered a wave of discussion about its impact on everyday vehicle owners have taken to social media, claiming noticeable drops in mileage after switching to E20. A Volkswagen Vento driver from Maharashtra reported that his car's fuel efficiency plunged from 10 km/l to 6 km/l after a refill, despite acknowledging that newer vehicles manufactured after 2020 are designed to handle the blend. He pointed out that in countries using much higher ethanol ratios, like E80, vehicles are specifically engineered for those fuels—something he feels is not yet the case for much of India's older car have shared similar experiences: a Honda owner claimed his mileage slipped from 12 km/l to 8 km/l, attributing the change directly to ethanol's lower energy content. A Tata Tigor driver noted his highway efficiency fell from 25 km/l to 20 km/l. One particularly frustrated motorist summed up the sentiment with a sarcastic jab—driving now 'feels like owning a Hyundai but getting Mercedes mileage.'Still, some voices in the debate have defended the policy, pointing out that ethanol blending is a global practice. They cited examples from the US, EU, and China, where such fuels are commonplace, and accused critics of ignoring the long-term environmental and economic response to the growing chatter, the Ministry of Petroleum and Natural Gas issued an official statement rejecting claims that E20 severely harms fuel efficiency. The ministry described the concerns as 'unscientific' and 'factually incorrect,' stating that the blend is safe for both older and newer vehicles. It admitted that certain parts, like rubber seals or gaskets—might need replacement after 20,000–30,000 km, but stressed these costs fall under routine maintenance schedules.

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