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Modi to meet chiefs of BP, RIL, Saudi Aramco and other energy majors today

PM Modi's meet with top execs comes at a time when the country is gearing up to allot blocks under its new round of oil and gas auctions

Govt may offer up to 60% stake in oilfields to private players
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Shine Jacob New Delhi
With the country gearing up to allot blocks under its new round of oil and gas auctions, Prime Minister Narendra Modi is set to meet key global industry giants on Monday. 

Modi is set to meet BP chief executive officer Bob Dudley, Saudi Aramco CEO Amin H Naseer, Rosneft chief Igor Sechin, Reliance Industries Chairman Mukesh Ambani, and Cairn India Chairman Anil Agarwal, among others, for a meeting. "It is completely coordinated by NITI Aayog and all major industry players will be present there," said an industry source.  

This comes at a time when the ongoing Open Acreage Licencing