Daily Archives: July 8, 2020

BP to invest $70 million in India’s green energy focussed GGEF Fund

Mumbai: UK oil major BP, on Tuesday, said it will invest into the Green Growth Equity Fund (GGEF) in India. The fund, established in 2018, is focused on identifying, investing and supporting growth in zero carbon and low carbon energy solutions in the country. With a commitment of $70 million, BP after its investment later…

Consumers may soon get to chose piped gas suppliers

New Delhi, In yet another reform initiative in the oil and gas sector, the government is set to throw open city gas distribution (CGD) networks across the country to competition, allowing participation of more than one player in a circle vying to attract consumers. “We have finalised regulations on allowing competition in CGD areas that…