Engineers India signs MoU with Petroleum Ministry
The MoU was signed by Shri Pankaj Jain, Secretary, MoP&NG and Smt. Vartika Shukla, C&MD, EIL.
New Delhi: Engineers India Limited (EIL) signed the Memorandum of Understanding (MoU) for 2024-25 with the Ministry of Petroleum & Natural Gas (MoP&NG) on October 30, 2024. The MoU was signed by Shri Pankaj Jain, Secretary, MoP&NG and Smt. Vartika Shukla, C&MD, EIL. Shri Praveen Mal Khanooja, Additional Secretary, MoPN&G, Smt. Sujata Sharma, Joint Secretary, MoPN&G, Shri Sanjay Jindal, Director (Finance), Shri Atul Gupta, Director (Commercial) [with Additional charge of Dir. (Projects)], Shri Rajiv Agarwal, Director (Technical) [with Additional charge of Dir. (HR)] and senior officials of MoP&NG and EIL also graced the occasion.
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The MOU includes the performance parameters that focus on profitability and sustainable growth like Revenue from Operations, Exports/ Income from Overseas, EBITDA as a percentage of Revenue, Return on Net Worth and Expenditure on R&D/ Innovations, etc.
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