Oil Ministry Revamps Site To Woo Investments

Portal adds Investor Corner to showcase investment opportunities in the sector

Oil Ministry Revamps Site To Woo Investments
Oil Ministry Revamps Site To Woo Investments
PTI - 10 February 2021

A revamped website of the Union Ministry of Petroleum and Natural Gas has been equipped with an investor corner to showcase investment opportunities in the Indian oil and gas sector, the ministry said in a statement.

Oil Minister Dharmendra Pradhan launched the Investment Corner under the Project Development Cell (PDC) on the revamped website. “The Ministry of Petroleum and Natural Gas has taken up this initiative to dedicate a section showcasing investible sectors and opportunities as a means to channel investor interest,” to the relevant team, says the statement.

On registering with the PDC, the investor can indicate plans to invest in the sector of preference in case of a new investor; and seek facilitation in case of any issue/ challenge that may need resolution. “This will enable the investor community to reach out to the ministry,” it says.

The Investor Corner will also enable the ministry to implement the Union Cabinet’s decision to set up PDCs in government ministries/departments to enhance the investment-friendly ecosystem that supports and handholds investors for the grounding of investible projects as also to support in the coordination of issues with stakeholder agencies of the Centre and state governments.

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