Kalsi has clearly hit the proverbial gold at the end of the rainbow with his E&P bet.
8Kalsi deserves full credit for his entrepreneurship, for it is indeed a gigantic leap of faith to go from being a shoe manufacturer from Kanpur to a successful E&P operator that the world is now waking up and taking notice.
8Both Vikram Mehta and Sashi Mukundan -- both Indians -- are better known in the E&P circuit in India and around the world than the low profile Kalsi.
8But Mehta and Mukundan are the biggest destroyers of corporate wealth in the country. While Mehta, as the Indian manger of Shell, gave away the lucrative RJ-ON-90/1 to Cairn India for a song, Mukundan has run the $7.4 billion investment of BP to the ground.
8In this context, Kalsi, bereft of pedigree of the kind possessed by Mehta or Mukundan, has, by sheer dint of courage and enterprise, built an E&P asset that can easily fetch him a very large sum of money.
8Kalsi is now busy building the infrastructure to produce gas and sell it.
8A Rs 4000 crore investment is planned and more is likely to follow.
For more details visit indianpetroplus.com
8Kalsi deserves full credit for his entrepreneurship, for it is indeed a gigantic leap of faith to go from being a shoe manufacturer from Kanpur to a successful E&P operator that the world is now waking up and taking notice.
8Both Vikram Mehta and Sashi Mukundan -- both Indians -- are better known in the E&P circuit in India and around the world than the low profile Kalsi.
8But Mehta and Mukundan are the biggest destroyers of corporate wealth in the country. While Mehta, as the Indian manger of Shell, gave away the lucrative RJ-ON-90/1 to Cairn India for a song, Mukundan has run the $7.4 billion investment of BP to the ground.
8In this context, Kalsi, bereft of pedigree of the kind possessed by Mehta or Mukundan, has, by sheer dint of courage and enterprise, built an E&P asset that can easily fetch him a very large sum of money.
8Kalsi is now busy building the infrastructure to produce gas and sell it.
8A Rs 4000 crore investment is planned and more is likely to follow.
For more details visit indianpetroplus.com
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