Centre committed to upholding contractual agreements: FM tells energy sector

Finance Minister Nirmala Sitharaman has assured the investors in the energy space that the government will honour its contractual commitments.

The Minister’s statement at the India Energy Forum by CERAWeek is may sound like music to the ears given the past experience.

Sitharaman also raised the issue of global crude oil prices, and sought views on how India can expand its energy resources mix. She said that India is committed to better energy reformed country, while acknowledging that India energy demand and sector poses lot of challenge. “The government is committed to giving every Indian access to energy,” she said.