Engineers India Limited (EIL) and Ministry of Petroleum & Natural Gas (MoP&NG) signed the Memorandum of Understanding (MoU) for 2019-20 on May 29, 2019. The MoU was signed by Dr. M.M. Kutty, Secretary, MoP&NG and Shri J.C. Nakra, C&MD, EIL. Functional Directors of EIL and senior officials of MoP&NG and EIL were also present on the occasion.
Through select parameters/targets on turnover, operating profit, research & development, human resource management etc. forming part of MoU, the Administrative Ministry monitors performance of the PSE.