{"id":19387,"date":"2015-06-12T11:40:55","date_gmt":"2015-06-12T11:40:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=19387"},"modified":"2015-06-12T11:40:55","modified_gmt":"2015-06-12T11:40:55","slug":"oil-minister-met-cairn-india-leadership-over-vedanta-merger","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-minister-met-cairn-india-leadership-over-vedanta-merger\/","title":{"rendered":"Oil minister met Cairn India leadership over Vedanta merger"},"content":{"rendered":"<p>The Oil Minister met the leadership of oil company Cairn India this week to discuss its potential merger with parent Vedanta Ltd , the operating unit of London-listed mining and energy group Vedanta Resources Plc .<\/p>\n<p>Vedanta earlier this week signaled it was considering a merger, a move that would it to repay a hefty group burden with the help of cash-generating Cairn.<\/p>\n<p>Asked if he had met the companies to discuss the deal, minister Dharmendra Pradhan said: &#8220;They met me, but my ministry&#8217;s concern is that capital expenditure should grow. My ministry&#8217;s expectation is oil and gas production should increase.&#8221;<\/p>\n<p>&#8220;Cairn&#8217;s leadership assured me in future they are very focused on how to increase oil and gas production, and for that, they will invest money,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Oil Minister met the leadership of oil company Cairn India this week to discuss its potential merger with parent Vedanta Ltd , the operating unit of London-listed mining and energy group Vedanta Resources Plc . Vedanta earlier this week signaled it was considering a merger, a move that would it to repay a hefty group burden with the help of cash-generating Cairn. Asked if he had met the companies to discuss the deal, minister Dharmendra Pradhan said: &#8220;They met me, but my ministry&#8217;s concern is that capital expenditure should grow. My ministry&#8217;s expectation is oil and gas production should [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-19387","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/19387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=19387"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/19387\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=19387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=19387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=19387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}