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ONGC investing Rs 22,500 crore in redevelopment projects

Industry Petroleum & Natural Gas

According to D K Sarraf, Chairman and Managing Director, Oil and Natural Gas Corporation (ONGC), is planning to add capacity of 16.7 million tonnes of oil and 56 billion cubic metres of gas through redevelopmental projects. Approximate investment to be made is around Rs. 22,500 crore.

Extracted from BS, Jan 27,’15

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