India opens Energy Office in Moscow to expand investments and procurement
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Synopsis
The IEO will cover five top Indian entities -- Oil India Limited, ONGC Limited Videsh Limited, GAIL (India) Limited, Indian Oil Corporation Limited, and Engineers India Limited. The announcement to set up IEC was made by the Foreign Secretary during his recent trip to Moscow.
Agencies
IEO has been opened for promoting the interest of Indian oil and gas PSUs in Russia and of Russian companies in India in the energy sector.
India on Tuesday opened India Energy Office (IEO) in Russia with a goal to push an already burgeoning energy partnership between the two strategic partners.