Joint Initiative Of Oil & Gas Sector PSUs For Funding Start-ups Takes Off

Joint Initiative Of Oil & Gas Sector PSUs  For Funding Start-ups Takes Off

A joint ‘Start-up Sangam’ programme by 10 oil & gas sector PSUs to fund innovative start-ups from across the country took off here today in the presence of Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Government of India; Amitabh Kant, CEO, NITI Aayog; KD Tripathi, Secretary (Petroleum); Abhishek Ramesh, Secretary, DIPP; and other senior officials of the Petroleum Ministry.

ABB Sees India As A Growth Market For Microgrid Solutions

ABB Sees India As A Growth Market For Microgrid Solutions

Global power and automation player ABB is looking at India as a potential location for its microgrid solutions given the country’s huge requirement for electrification, and the government’s push for renewable energy, Markus Bruegmann, the company’s global product group manager for microgrids, Power Grids division, said.

Petroleum Ministry Launches Rs 320 Cr Startup Fund

Petroleum Ministry Launches Rs 320 Cr Startup Fund

The scheme was launched here with memoranda of understanding (MoU) being signed by 36 startups for partnering with various state-run firms like Indian Oil, Hindustan Petroleum and GAIL India, which is India’s largest gas transmission utility.