Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors

The Prime Minister called for establishment of some model solar cities, where the power requirement is fulfilled solely by solar energy. A similar effort, he said can be made to make certain localities kerosene-free.

Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors

Prime Minister, Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors in the last week of April, lasted for about three hours, and was attended by top officials from PMO, NITI Aayog and all infrastructure Ministries of the Government of India.

Manish Vaid Analyses if PSUs oil merger offer synergy in energy?

Manish Vaid Analyses if PSUs oil merger offer synergy in energy?

Manish Vaid Analyses if PSUs oil merger offer synergy in energy? Says that ‘few business marriages are made in heaven’ and compatibility of merging companies should always be the driving force of any mergers. It is only then one can imagine synergy in energy in any M&A propositions

Creation Of An Integrated Mega Indian Oil PSU To Rival Global Energy Majors Announced In Union Budget 2017

Creation Of An Integrated Mega Indian Oil PSU To Rival Global Energy Majors Announced In Union Budget 2017

In what can rival the likes of Russia’s Rosneft ($55 billion in market cap) and UK’s BP Plc ($112 billion) in market value and financial power, finance minister Arun Jaitley while presenting the Union Budget 2017 announced creation of an integrated public sector ‘oil major’ by integrating the oil sector PSUs across the value chain and to enhance capacity of Oil PSUs to bear higher risks, avail economies of scale, take higher investment decisions and create more value for the stakeholders.