Reliance Nominated For Energy ‘Oscars’, Platts Global Energy Awards

Reliance Industries, Cairn India, Indian Oil Corp, Indraprastha Gas Ltd., GAIL India Ltd, are among the 7 Indian Energy firms to be nominated in the list of finalists, for the 13th Platts Global Energy Awards, 2011.

More than 200 nominations listed as finalists, from over 25 countries were announced by the program host Platts, a leading global provider of energy and metals. These energy firms have been nominated under various categories for the annual ‘Academy Awards’ of the energy industry. The number of finalists for the Global Energy Awards 2010, consisted an equivalent number of Indian companies.

Platts Global Energy Awards established in the year 1999, honor energy industries for their outstanding performances, leadership, corporate and individual innovation. It has expert judges which include former OPEC energy ministers, national regulators and former heads of major energy companies. There are over 19 categories, and each has a key criteria against which the judges will evaluate.

Reliance Industries Ltd. has been nominated in 2 categories. Petrochemical & Blendstock Innovation Award is a newly introduced Awards category for which Reliance is nominated, and it highlights extraordinary innovations in the petroleum related industry. The 2nd category for which Reliance has been nominated is ‘Energy Efficiency Program of the Year – Commercial End-User’.

GAIL is nominated for the Downstream Operation of the year award. Cairn’s oilfield discovery at Rajasthan has paved its way to the energy ‘Oscars’ under the category, Energy Producer of the year.

Platts announced that along with awarding companies and prominent industry leaders for their vision and innovation, operational excellence, outstanding programs and leading technologies, they will also declare the 2011 Energy Company of the year, which will be selected from the list of finalists.

The 13th Platts Global Energy Awards expects nearly 600 prominent energy industry executives, and will be held on 1st December 2011, at Cipriani Wall Street in New York.

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