City
Epaper

MEIL's Subsidiaries Showcase Energy Portfolio at IEW2024

By ANI | Updated: February 8, 2024 18:10 IST

PRNewswireHyderabad (Telangana) [India], February 8: Megha Engineering & Infrastructure Limited (MEIL) along with its subsidiaries Drillmec INT, ...

Open in App

PRNewswire

Hyderabad (Telangana) [India], February 8: Megha Engineering & Infrastructure Limited (MEIL) along with its subsidiaries Drillmec INT, Drillmec S.p.A, Olectra Greentech Ltd, EveyTrans, Megha Gas and ICOMM showcased their pioneering initiatives and advancements in the energy sector, at the ongoing India Energy Week 2024 in Goa.

The spotlight of the event was MEIL subsidiary Drillmec S.p.A's Made in India HH 150 Automated Hydraulic Workover Rig, which garnered accolades from the Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri. While inspecting the HH 150 Automated Hydraulic Workover Rig alongside MEIL Managing Director P. V. Krishna Reddy, the minister commended MEIL and Drillmec S.p.A for their alignment with the government's visions of 'Make in India' and 'Aatmanirbhar Bharat'.

In a tweet on X (formerly known as Twitter), the minister wrote, "Delighted to see the latest generation automatic rig with high safety standards (Drillmec SpA Italy technology) developed with 55 per cent Make in India content by MEIL. 20 of these automated rigs are being given to @ONGC_ to power India's energy journey! [sic]"

MEIL MD, P.V. Krishna Reddy, said, "MEIL is supplying 20 fully automated workover rigs with 55 per cent components of Make in India to the ONGC. We, at MEIL, are committed to further building domestic manufacturing capacity and supplying world-class equipment, to accelerate India's domestic oil and gas exploration all aligned to the nation's larger goal of achieving an Aatmanirbhar Bharat and energy security."

Additionally, MEIL's other subsidiaries Megha Gas, Olectra, EveyTrans and ICOMM highlighted their solutions in areas like electric mobility, transportation, clean fuels and communications infrastructure that will further boost India's energy security and self-sufficiency.

About MEIL

MEIL is India's largest private infrastructure company with a presence across sectors critical to India's growth. We have significantly contributed to the vision of 'Aatmanirbhar Bharat' with an unwavering commitment spanning over three decades. Our projects are across renewable energy, electric mobility, CGD, hydrocarbons, defence, transport, railways, manufacturing, infrastructure, water management, and other sectors. MEIL's subsidiaries Olectra Greentech Limited, a BSE and NSE listed company, ICOMM and Drillmec drive 'Make in India' through electric buses and trucks, renewable energy, advanced oil rigs, defence, telecom, and other infrastructure. Megha Gas builds vital CNG and PNG infrastructure across India. Evey Trans is India's largest electric buses fleet operator. MEIL's varied portfolios span across 20+ nations, showcasing our global influence.

Photo: https://mma.prnewswire.com/media/2337300/MEIL_Energy_Portfolio_IEW2024.jpg

Logo: https://mma.prnewswire.com/media/1996475/4537299/MEIL_LOGO.jpg

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentShivangi Joshi's post-wedding mode includes half closed eyes with a happy heart

CricketICC Women's WC: Pakistan get India all-out for first time in ODIs, pacer Diana Baig makes history

NationalCongress alleges deliberate removal of Dalit, Muslim women voters from electoral rolls in Bihar

EntertainmentShashi Tharoor extends best wishes to 'Bison' actors Anupama Parameswaran, Rajisha Vijayan

CricketAFG vs BAN 3rd T20I LIVE Cricket Streaming: When and Where to Watch Afghanistan vs Bangladesh Match in India

Business Realted Stories

BusinessIndia, US actively working to resolve tariff issues: Jaishankar

BusinessPiyush Goyal to visit Qatar for India-Qatar joint trade commission meeting

BusinessPiyush Goyal to visit Qatar from October 6-7; to co-chair Qatar-India joint commission meeting

BusinessIndia should focus on atmanirbhar innovation, aims to rank in top five AI nations globally: Scindia

BusinessDGCA reviews airfare trends ahead of festive season, asks airlines to add more flights