Proposed JV marks a change in global energy architecture, with India at centre of Exxon’s growth plans ExxonMobil’s focus on India shows the importance of the world’s third largest energy consumer NEW DELHI: ExxonMobil Corp., the world’s most valuable energy company, may shortly form a partnership with state-owned GAIL (India) Ltd to set up a […]
ExxonMobil, GAIL gear up for India green joint venture
ExxonMobil’s focus on India is an acknowledgement of growing importance of the world’s third largest energy consumer The proposed ExxonMobil-GAIL tie-up comes against the IL&FS agreeing to sell its 874 megawatts ExxonMobil Corp., the world’s most valuable energy company, may shortly form a partnership with state-owned GAIL (India) Ltd to set up a green energy […]
Gail India leads the race to buy IL&FS’ energy assets
The company spokesperson said bids for renewable assets have been received and are being processed. Mumbai: Gail IndiaNSE -0.60 % is the front -runner to buy the energy assets of troubled Infrastructure Leasing and Financial Services, two persons in the know of the development, said. The assets on the block could fetch Rs 6,000 crore […]
GAIL, BHEL sign pact for development of solar power projects
GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor BHEL shall also provide operation and maintenance services during the initial period upon becoming successful bidder New Delhi: State-owned gas utility GAIL India Ltd Friday said it has signed an agreement with Bharat Heavy Electricals Ltd […]