Following the recent energy trade collaboration between the UK and India, Prashant Modi CEO and MD of Great Eastern Energy Corporation Limited (LON:GEEC) said that he is looking forward to investing a whopping £768 million (USD $1 billion) to further tap on the unconventional energy resources of India. This came after the recently held 9th UK-India Economic and Financial Dialogue (EFD) where both the governments decided on a £240 million joint investment to boost India's fast growing energy market as well strengthen the trading relationship between both the nations. These recent developments in the country are further expected to boost Prime Minister Narendra Modi's enterprising energy plans as well as boost bi-lateral ties between both the countries. Earlier in April, UK's Secretary of State for Business, Energy and Industrial Strategy Greg Clark visited India and discussed new partnership opportunities with Piyush Goyal, minister for Coal and Mines, New & Renewabl...
Prashant Modi, studied for degree in management, with a major in finance, at Boston University, and then did practical training for one year overseas with two organisations. One was Qualcomm in San Diego and the other was the ANZ Bank in London. He joined hid father’s business GEECL in 1996, just as we were drilling for the first time.