November 11, 2013 1:17 PM

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Veerappa Moily inaugurates Investors meet in Abudhabi

Petroleum Minister Veerappa Moily inaugurated Investors meet in Abudhabi today.The event on the sidelines of ADIPEC is aimed at tapping investment in oil and gas sectors in India. India today attract FDI worth $5.4 billion jn this sector and the target by the end of the 12th five-year plan is to attract FDI worth $ 75 billion. The move is expected to give a boost not only to meet the energy needs but also to energy security in the country. Top brass of OIl and gas sector PSUs from India are present at the meet to share the opportunity for investment in India.

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