Even as India and Russia agreed to further deepen co-operation in the energy sector fissures remain between the two sides over the grant of special treatment on investments made by the two countries in telecom and oil sectors.
At the end of the 13th Annual Summit between India and Russia, the two sides remained divided over giving tax incentives to ONGC Videsh Ltd (OVL) for its investment in Imperial Energy as Russia is understood to linked the issue with grant to special privileges to its own telecom entity Seistema that has lost its licence due to recent Supreme Court order.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/fissures-remain-energy-sector-between-india-russia
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/russia
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/compensation
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
