Press Release Details
Balmer Lawrie signs MoU 2016-17 with Ministry of Petroleum & Natural Gas 13 July 2016The MoU was signed by Shri K D Tripathi, Secretary, MoPNG (R) and Shri Prabal Basu, C&MD, Balmer Lawrie & Co. Ltd. (L)
Balmer Lawrie signed the Memorandum of Understanding (MoU) for 2016-17 with the Ministry of Petroleum & Natural Gas (MoPNG) on July 12, 2016. The MoU was signed by Shri K.D Tripathi, Secretary, MoPNG and Shri Prabal Basu, C&MD, Balmer Lawrie & Co. Ltd. in the presence of Senior Officials of the Ministry and Balmer Lawrie.
The MoU targets include turnover and operating profit with focus on capacity utilisation, improving efficiency, technology upgradation, Research and Development, Capital Expenditure and Return on Investment.