Press Release Details
Balmer Lawrie signs MoU 2018-19 with Ministry of Petroleum & Natural Gas 03 May 2018Balmer Lawrie signed the Memorandum of Understanding (MoU) for 2018-19 with the Ministry of Petroleum & Natural Gas (MoPNG) on April 27, 2018. 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, operating profit, return on investment with focus on capacity utilization, production efficiency, trade receivable, inventory management, R&D, innovation and technology upgradation, capital expenditure, return on investment in JVs and human resource management.
The MoU was signed by Shri K D Tripathi, Secretary, MoPNG (L) and Shri Prabal Basu, C&MD, Balmer Lawrie & Co. Ltd. (R)