The ONGC is still bearing the subsidy burden dedicating itself to the welfare of the people since its inception in 1956, says A.A. Khan, Executive Director-cum-Asset Manager, Rajahmundry Asset.
In his Independence Day address at Godavari Bhavan here on Sunday, Mr. Khan said during 2009-10 the Asset recorded an all-time high in oil production. The oil production was more than 3 lakh million tonnes against the target of 2.50 lakh million tones and it was the highest since production started in Rajahmundry in 1978.
Gas production was 1479 MMSCM (Million Metric Standard Cubic Meters) against 1400 MMSCM. Gas flaring was barely 0.05 per cent which is a record low. The profit before tax of the Asset was highest at Rs.531 crores.
For 2008, Rajahmundry Asset was declared the winner in the ‘lowest injury frequency rate' category by the Directorate General of Mines Safety, Dhanbad, which is administered by the Ministry of Labour and Employment, Mr. Khan added.
“This indicates that at ONGC Rajahmundry, safety is the first priority for any operation.”
At municipal office
Commissioner K. Manik Raj unfurled the tricolour at the municipal corporation. All the employees of the corporation participated along with Mayor Adireddy Veeraraghavamma. Additional Commissioner N.V. Sivaji, floor leaders Polu Vijayalakshmi, Varre Srinivasa Rao and others participated.
Challa Vinaya Mohan, Revenue Divisional Officer, hoisted the flag at the RDO office.
Celebrations at SIC
Officials and employees of the State Information Centre should work hard for effective implementation of welfare schemes, said M. Francis, Assistant Director, SIC, at Anam Kala Kendram here after hoisting the national flag. Divisional Public Relations Officer J. Venkateswara Rao and others were present.