In her maiden visit to ONGC, Lakshmi Panabaka, Minister of State, Ministry of Petroleum and Natural Gas, reviewed the ONGC operations in general and Western Offshore region in particular, in the presence of ONGC board of directors and senior officers of the Mumbai region.
Sudhir Vasudeva, CMD, ONGC briefed the Minister about ONGC’s pan India presence across the value chain and beyond. He informed that ONGC is the flagship E and P Company of India, started in 1956. It has dedicated manpower to take on any challenges. We have already forayed into midstream and downstream sectors of this business. Success story of ONGC’s refinery MRPL at Mangalore is a well-known case. A giant petrochemical plant is coming up at Dahej SEZ, which will get feedstock from the C2-C3 plant located in the same Special Economic Zone. ONGC is in the process of setting up a power plant of 750 MW utilising the gas reserves at Tripura. The first phase of the project has been commissioned.
Mrs. Panabaka showered praise on ONGC’s performance and whole-heartedly lauded sustained efforts of committed ONGCians towards securing the energy requirements of the country. The Minister said “The huge potential this company has needs to be nurtured and the constraints being faced by this exemplary company need to be addressed collectively by all the stakeholders. With regards to energy in the Indian context, ONGC is the most important corporate that can secure this for the country.”
Sudhir Vasudeva, CMD, ONGC briefed the Minister about ONGC’s pan India presence across the value chain and beyond. He informed that ONGC is the flagship E and P Company of India, started in 1956. It has dedicated manpower to take on any challenges. We have already forayed into midstream and downstream sectors of this business. Success story of ONGC’s refinery MRPL at Mangalore is a well-known case. A giant petrochemical plant is coming up at Dahej SEZ, which will get feedstock from the C2-C3 plant located in the same Special Economic Zone. ONGC is in the process of setting up a power plant of 750 MW utilising the gas reserves at Tripura. The first phase of the project has been commissioned.
Mrs. Panabaka showered praise on ONGC’s performance and whole-heartedly lauded sustained efforts of committed ONGCians towards securing the energy requirements of the country. The Minister said “The huge potential this company has needs to be nurtured and the constraints being faced by this exemplary company need to be addressed collectively by all the stakeholders. With regards to energy in the Indian context, ONGC is the most important corporate that can secure this for the country.”
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