{"id":298547,"date":"2019-10-30T10:57:29","date_gmt":"2019-10-30T05:27:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298547"},"modified":"2019-10-30T11:30:18","modified_gmt":"2019-10-30T06:00:18","slug":"modi-invites-saudi-investment-says-india-to-spend-100-bn-on-energy-infra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/modi-invites-saudi-investment-says-india-to-spend-100-bn-on-energy-infra\/","title":{"rendered":"Modi invites Saudi investment, says India to spend $100 bn on energy infra"},"content":{"rendered":"<p>India will invest $100 billion in oil and gas infrastructure to meet energy needs of an economy that is being targeted to nearly double in five years, Prime Minister Narendra Modi said on Tuesday as he sought investment from oil kingpin Saudi Arabia and other nations to boost supplies. <\/p>\n<p>Speaking at Saudi Arabia\u2019s annual investment forum, also known as \u201cDavos in the desert\u201d, Modi promised a stable, predictable and transparent policy regime to catalyse foreign investments. <\/p>\n<p>\u201cIndia is investing heavily in oil and gas infrastructure,\u201d he said adding as much as $100 billion will be spent by 2024. <\/p>\n<p>The world\u2019s third-largest energy consumer is 83 per cent dependent on imports to meet its oil needs and about half its gas needs are shipped from abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India will invest $100 billion in oil and gas infrastructure to meet energy needs of an economy that is being targeted to nearly double in five years, Prime Minister Narendra Modi said on Tuesday as he sought investment from oil kingpin Saudi Arabia and other nations to boost supplies. Speaking at Saudi Arabia\u2019s annual investment forum, also known as \u201cDavos in the desert\u201d, Modi promised a stable, predictable and transparent policy regime to catalyse foreign investments. \u201cIndia is investing heavily in oil and gas infrastructure,\u201d he said adding as much as $100 billion will be spent by 2024. The world\u2019s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-298547","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298547","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=298547"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298547\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}