Even as it charts a future roadmap with ambitious targets for increased production and a deeper foray into sustainable energy, India’s largest oil and natural gas producer is also eyeing distressed overseas assets to expand its global footprint. While current geopolitical uncertainty presents opportunities for acquisitions, ONGC will decide on overseas expansions based on pricing...
Tag: Engineers India Ltd
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Mangalore caverns ready for more crude oil to hold strategic reserves
The government-owned Indian Strategic Petroleum Reserves Ltd (ISPRL) is ready to fill the just-built underground rock-cut caverns near Mangalore with crude oil.
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Infrastructure sector is poised to be a key growth driver
Infrastructure projects will account for substantial portion of the proposed investments, making EPC sector one of the biggest beneficiaries of the infrastructure boom in India, says AK Purwaha, Chairman and Managing Director, Engineers India Ltd