FinMin open to idea of disinvestment in SBI, ONGC: Report
The minister further said the government is not against the idea of holding a minority stake in key strategic public sector companies.
The minister further said the government is not against the idea of holding a minority stake in key strategic public sector companies.
Oil and Natural Gas Corporation (ONGC) will set up a new unit to house its gas business and clean energy projects such as green hydrogen, as it looks to fast-track foray into new areas.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
India's state-controlled Oil and Natural Gas Corporation (ONGC) on Sunday kicked off oil production from its flagship deep-water project in the Krishna Godavari basin offshore the nation's eastern coast.
Oil sector is the highest and easiest way to generate revenue for the Centre as well as state governments.
Geothermal power plants have average availabilities of 90 per cent or higher, compared with about 75 per cent for coal plants.
The Minister laid the foundation stone of a hostel-cum-training facility for farmers at Bharat Bharati Shiksha Samiti; he also launched the distribution of Solar Chulhas to poor households in Betul, which is being developed as a solar village.
ONGC said that Union Petroleum & Natural Gas Minister, Dharmendra Pradhan on Sunday dedicated Bengal Basin, the eight producing basins of India to the nation.
The gainers were led by ONGC, rallying around 6 per cent, followed by NTPC, Tata Steel, ICICI Bank, ITC, Titan and Bajaj Auto.
