New Delhi: Giving a push to infrastructure development across sectors, the government on Wednesday approved a proposal for additional investment to be made by ONGC Videsh Ltd (OVL) in the development of an oil and gas project in neighbouring Myanmar. As per the clearance given by the Cabinet Committee on Economic Affairs (CCEA), OVL will […]
India Exports Diesel to Myanmar; Aims for Stronger Trade to Contain China
September 8, 2017 by
India has been bidding to strengthen socio-economic ties with Myanmar as part of its ‘Act East’ policy but its latest overtures are being viewed as tactics largely aimed at containing Chinese influence. NEW DELHI (Sputnik) — India has dispatched the first consignment of diesel to Myanmar ahead of Prime Minister Narendra Modi’s two-day official visit […]
2014 Promises to Be a Boom Year for Myanmar’s Gas and Oil Industry
January 3, 2014 by
Myanmar will be the focus of attention in the international oil and gas industry in 2014 as a batch of major offshore exploration licenses are awarded and more blocks are expected to be put up for foreign bidding. Against that background, Myanmar is to host two major international oil industry exhibitions in Yangon to attract […]
Myanmar: India Inc’s next big destination
July 3, 2013 by
Indian investments in the country stand at $273.50 mn, expected to soar to $2.6 bn Lighting Products Chalo Myanmar seems to be the new mantra of Indian industry, which is keen to tap the market there. From infrastructure to energy to aviation, Indian companies are trying to mark their presence in that country. Although a […]
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