Jaipur, Feb 3: Congress President Sonia Gandhi will dedicate the 1,054-km Mundra-Delhi oil pipeline to the nation at Bagru town near Jaipur today.

It is project of Hindustan Petroleum Corporation Ltd. (HPCL) and was built in just 36 months at a cost of 1,757 crore rupees. It is the country''s longest oil pipeline.

The pipeline passes through eleven districts spread over Gujarat, Rajasthan and Haryana.

Brussels  - More energy from wind power came online in Europe in 2008 than from any other energy source, the European Wind Energy Association (EWEA) reported Monday.

Of new energy-generating capacity that went online in that year, 43 per cent came from wind power, the group said. That meant an average of 20 wind turbines installed every working day of that year.

Belgrade  - Russian energy giant Gazprom completed the purchase of a majority stake in the Serbian oil monopoly NIS Monday by wiring 400 million euros (512 million dollars) to Belgrade.

Serbia and Gazprom agreed the sale of 51 per cent of the NIS capital a year ago, but the deal was delayed by early elections in Serbia, as well as a strife within the new ruling coalition.

Economy Minister Mladjan Dinkic had criticized the deal as unfavourable for Serbia, but his objections faded as the financial crisis began taking its toll in Serbia.

Bangkok  - Southeast Asia Energy Ltd, a Thai-owned hydropower project in Laos, is preparing to list on the Stock Exchange of Thailand later this year, media reports said Monday.

Ch Karnchang, a Thai construction firm that owns the plant, is seeking a financial adviser for helping with the listing, which would become the first such cross-border listing of a company from Indochina on the Thai bourse, The Nation newspaper reported.

The company needs funding to complete the Nam Ngum II hydropower plant. The plant on the Nam Ngum River, a major tributary of the Mekong, is to generate 615 megawatts of electricity to be sold to Thailand.

The Bangkok bourse has a target to attract at least 40 firms from Indochina - Cambodia, Laos and Vietnam.

Country's largest oil marketing company, Indian Oil Corporation (IOC) announced financial results for the third quarter ended December 31, 2008. The firm managed to register 42 per cent increase in net profit at Rs 2,958.59 crore, on accounts of support through government bonds.

Sarthak Behuria, Chairman of IOC said, "In spite of inventory losses and lower refining margins, the profit could be achieved due to support from the government by way of additional bonds."