ONGC Denies Any Legal Option Against Selling Of 11 Blocks

ONGC Denies Any Legal Option Against Selling Of 11 Blocks

Soon after a Mint report that quoted a 2 top officials for taking legal action, ONGC tweeted- “ONGC makes clear tht news abt farming out blocks 2 b challenged in court, is a frivolous campaign. We r working in line wth Hon’ble PM vision on prodn enhancemnt strategy.”

Top ONGC official told khabarindia.in that surely there isn’t any plan to seek legal action in the matter as proposal of DGH to sell 60% stakes in the blocks are in line with the PM vision’s to increase the hydrocarbon output in the country and bring in private investment into the hydrocarbon space. On the there hand ONGC further tweeted- “ONGC HV MANDATE FOR ENERGY SECURITY AND WE ARE WORKING ON THIS FRONT.” Read More…

Leave a Reply

Your email address will not be published.