Asserting that there is enthusiasm in the country’s energy sector, Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Thursday said that by exploring natural resources, India is aiming at double-digit GDP growth.
Speaking at the Global Natural Resources Conclave (GNRC) here, the Minister for Petroleum and Natural Gas said his ministry is in talks with “International Players” to increase oil production on the West Coast.
“India is aiming at double-digit growth (GDP, the current growth is 7.9 per cent). There are several pacts being signed for this, like the ONGC is aiming to enhance the production,” Pradhan said, adding that the ministry is exploring to harness the country’s natural resources.
The minister said that the railways and the petroleum ministry will soon sign a memorandum of understanding for Liquefied Natural Gas (LNG). Read More…
Credit By : India.com
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