Business

ONGC to invest ₹83,000 crore in 25 projects

Oil and Natural Gas Corporation is in the process of investing ₹83,000 crore in 25 major projects that will add 180 million metric tonnes of oil equivalent over their lifetime, the company’s CMD said on Thursday.

“Fifteen of these projects currently under execution will directly contribute to oil and gas production,” Shashi Shanker said while addressing the company’s employees.

“The cumulative oil and gas gain from these projects is expected to be over 180 million metric tonnes of oil equivalents in their lifecycle,” he added.

Why you should pay for quality journalism - Click to know more

Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Feb 17, 2020 12:46:09 AM | https://www.thehindu.com/business/ongc-to-invest-83000-crore-in-25-projects/article29103254.ece

Next Story