"ONGC" tag
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ONGC-NTPC Green JV Acquires Ayana Renewable Power for $750 Million

The joint venture between Oil and Natural Gas Corporation (ONGC) and NTPC Green, ONGC NTPC Green Pvt Ltd (ONGPL), is set to acquire Ayana Renewable Power for $700-750 million. This acquisition represents a major move...

OVL acquires stake in Azeri oilfield & pipeline for $1 bln

ONGC Videsh Ltd (OVL), the overseas arm of oil & gas major ONGC,  have entered into an agreement to acquire Hess Corporation’s 2.72% participating interest in the Azeri, Chirag and the deep water portion of...

ONGC 2030 Blueprint : 2x output, 3x revenue

Charting out very ambitious plan to double output, triple revenue and EBITDA by 2030, company has prepared blueprint which targets two-fold rise in production, three-fold rise in revenue and EBITDA, four-fold rise in market cap...

Budget 2012 : Divestment target set at 30,000 cr

After missing the target for current year, Finance minister cautiously set a target of Rs. 30,000 cr from stake sale in public sector undertakings. He commented that government is committed in its effort to enhance...