Union Minister Hardeep Puri lauds MEIL subsidiary Drillmec’s Made in India rigs

Union Minister Hardeep Puri lauds MEIL subsidiary Drillmec’s Made in India rigs

Betul, Goa, February 8, 2024:
Union Minister Hardeep Singh Puri on Wednesday commended MEIL’s Aatmnirbhar Bharat push at the India Energy Week 2024. MEIL subsidiary, Drillmec’s S.p.A’s Made in India HH 150 Automated Hydraulic Workover Rig garnered accolades from the Union Minister of Petroleum and Natural Gas.

Inspecting the HH 150 Automated Hydraulic Workover Rig alongside MEIL Managing Director Mr. P. V. Krishna Reddy, the minister commended MEIL and Drillmec S.p.A for their alignment with the government’s vision of ‘Make in India’.

Mr Puri later took to X (formerly Twitter) and wrote: “
“Delighted to see the latest generation automatic rig with high safety standards (Drillmec SpA Italy technology) developed with 55% Make in India content by MEIL. 20 of these automated rigs are being given to @ONGC_ to power India’s energy journey! (sic)”

On the occasion, MEIL MD Mr P.V. Krishna Reddy said: “MEIL is supplying 20 fully automated workover rigs with 55% 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.”

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.

Additionally, MEIL’s other subsidiaries — Megha Gas, Olectra Greentech, 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. The company with its subsidiaries significantly contributes to the vision of ‘Aatmanirbhar Bharat’ with an unwavering commitment spanning over three decades.

The company’s projects are across renewable energy, electric mobility, CGD, hydrocarbons, defence, transport, railways, manufacturing, infrastructure, water management, and other sectors.

MEIL’s subsidiaries include 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.