Do a bit of reading and see for yourself, but here are a few...

Do a bit of reading and see for yourself, but here are a few transient points to help you un your way:
1. IOC is a Baa2/BBB- investment grade company and the largest energy company in the Indian market with annual revenues of approx. USD 65B and an EV of USD 35 billion.
2. IOC is a state owned oil and gas company, also listed on the Indian stock exchange
3. IOC was ranked 1st in Fortune India 500 list for year 2016 and 168th in Fortune's ‘Global 500’ list of world's largest companies in the year 2017.
4. In May, 2018, IOC become India's most profitable state-owned company for the second consecutive year.

This deal with IOC is a BFD and it's now clear why it took longer to achieve than anticipated as GEV is a minnow dealing with a behemoth. It's a miracle that IOC was willing to even deal with GEV and goes to show you how impressive GEV & its technology must be to warrant the HOA. And MB has stated on webinars that IOC will not be the only Indian deal.

GEV is going to be LNG MkII - only with offtakes and better.