'Howdy Modi': Kashmir to Petronet's MoU, PM combines business with politics

The PM and US President addressed an estimated 50,000 members of the Indian diaspora at an event termed Howdy, Modi! at the NRG Stadium in Houston on Sunday morning local time

On the first day of his six-day visit to the US, Prime Minister Narendra Modi combined business with politics. He held a ‘round-table’ meeting with top executives of 17 global energy companies, saw to the signing of an agreement between US natural gas company Tellurian Inc and India’s state-run Petronet LNG.

 
According to the agreement between Tellurian and Petronet, the Indian company will invest $2.5 billion in Tellurian’s proposed Driftwood LNG export terminal in Louisiana, in exchange for the rights to 5 million metric tonnes of LNG per year over 40 years. The two companies will endeavour to conclude the