Indian PM targets more energy reforms
Indian Prime Minister Narendra Modi has said, that India needs to explore oil resources to Increase oil and gas production in India.
premier suggested while addressing the CEOs of top global and Indian oil companies on Monday in New Delhi.
During the three-hour long meeting, the top officials discussed on Increasing oil and gas production, conducting research on oil resources, investment in oil production, dispatching and distribution.
While foreign and Indian oil producing firms suggested that foreign and private be given stake in ONGC’s producing fields Bombay High.
The CEOs suggested bringing natural gas and electricity under the gamut of Goods and Service Tax (GST) to make these sectors more competitive.