MEIL showcases energy portfolio at IEW 2024
Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas, praises MEIL & Drillmec’s alignment with the Central government’s vision of Aatmanirbhar Bharat
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MEIL is supplying 20 fully automated workover rigs with 55 per cent components of Make in India to the ONGC. It is committed to further building domestic manufacturing capacity, and supplying world-class equipment
Hyderabad: India's largest private infrastructure company Megha Engineering & Infrastructure Limited (MEIL) along with its subsidiaries – Drillmec INT, Drillmec SpA, Olectra Greentech Ltd, EveyTrans, Megha Gas and ICOMM – showcased their pioneering initiatives and advancements in the energy sector at the ongoing India Energy Week (IEW) 2024 in Goa.
The spotlight of the event was MEIL's subsidiary – Drillmec’s Made-in-India HH 150 Automated Hydraulic Workover Rig, which garnered accolades from Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas.
While inspecting the HH 150 Automated Hydraulic Workover Rig alongside MEIL Managing Director PV Krishna Reddy, the minister commended MEIL and Drillmec for their alignment with the government's vision 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!"
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.
