Vineet Mittal, Co-Founder & Managing Director Welspun Energy, is known for his visionary leadership and execution abilities. His strengths lie in envisioning and implementing large sized complex projects and building up global organisations.
Tag: 2013
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A woman entrepreneur
As the Chief Operating Officer of Patel Engineering, managing the global subsidiaries, Sonal Patel is amongst the few women entrepreneurs who hold this position in the construction business the world over.
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Govt steps to unlock shale gas reserves
The government is taking steps to unlock the potential of shale gas reserves in India in order to bridge the ever rising demand for energy. The country is dependent on import to meet over 70 per cent of crude oil and this is expected to change if we successfully explore shale gas reserves
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IOC to sign pact with Ennore Port for LNG project
Indian Oil Corporation (IOC), which has proposed to set up a Rs 4,320-crore liquefied natural gas (LNG) plant at Ennore would soon enter into an agreement with the Ennore Port to secure 132 acre of port land for the project. The project would enable supply piped gas in the southern region,
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OVL JV to acquire 10 per cent stake in Mozambique field
A joint venture (JV) company of ONGC Videsh (OVL) and Oil India (OIL) decided to acquire 10 per cent stake of Videocon Mauritius Energy in Videocon Mozambique Rovuma 1 gas field for $2.475 billion.
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State-run firms eye Brazilian field
State-run oil and gas companies in India plan to pool their resources to bid for the Libra field, located 180 km off the coast of Rio de Janeiro in the Santos basin, Brazil.
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LNG re-gassification capacity
Union Oil Minister M Veerappa Moily informed that India may have LNG re-gasification capacity of over 50 million tonne per annum (mtpa) by 2016-17 with a supply of 198 million standard cubic metre per day. Currently, India has 18.6 mt of re-gasification capacity - 10 mt terminal at Dahej and 3.6 mt plant at Hazira in Gujarat
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J&K pipeline project cleared
Jammu and Kashmir (J&K) Governor NN Vohra signed the Ordinance which would allow state government to acquire land for the Rs 880 crore Bhatinda-Srinagar gas pipeline project.
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Singareni Collieries mull Rs 103 bn investment
In order to ramp-up output, open new mines and also set up a new power plant, Singareni Collieries Co plans to spend Rs 10,360 crore during 2012-17. According to some reports the company invested Rs 3,220 crore (of the total investment) in 2012-13.
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CERC to restructure coal index
The Central Electricity Regulatory Commission (CERC) proposed to restructure the coal price index followed in the country for making payments by power producers to coal imports. Currently, for payments for imported coal, CERC uses a composite index that considers Australian and South African coal.