ONGC apprises Vice President of its investments in Andhra Pradesh

Sarkaritel
By Sarkaritel February 11, 2020 18:13


Interacting with Vice President Mr M Venkaiah Naidu in Chairman’s Chamber in Rajya Sabha on 11 February 2020, senior ONGC Officials along with CMD Mr Shashi Shanker, apprised the Vice-President about ONGC`s offshore and onshore projects in Krishna Godavari Basin and Rajamundry. An estimated investment of Rs 68,000 crore in Offshore projects and Rs 10,000 crores in Onshore projects has been lined up by the ONGC in Andhra Pradesh.
In the meeting, Mr Naidu asked the Union Minister for Petroleum & Natural Gas and Steel Mr Dharmendra Pradhan to expedite all petroleum projects at various stages of implementation in Andhra Pradesh. The Union Minister assured the Vice President that all necessary steps will be taken to fast-track all the projects in the state.
Mr Naidu sought the status of setting up of the Greenfield Petrochemical Complex at Kakinada, with an investment of around Rs 32,000 crores for producing 1.7 MMTPA of petrochemical products. The project is being undertaken by Hindustan Petroleum Corporation Limited (HPCL) and GAIL India Ltd, with the support of the Andhra Pradesh Government.
Sarkaritel
By Sarkaritel February 11, 2020 18:13