ONGC is the best in operational performance: ICC Excellence Awards 2018

Sarkaritel
By Sarkaritel August 29, 2019 14:32


By Prakash Bhargava

New Delhi, Aug 29 — Oil and Natural Gas Corporation (ONGC) Ltd has been adjudged the Best in ‘Operational Performance Excellence’ in the Maharatna and Navaratna category as per Indian Chamber of Commerce PSE Excellence Awards for 2018.

ONGC was also adjudged the runner-up in ‘Corporate Social Responsibility (CSR) & Sustainability’ in the same category. The awards were handed over during the 9th PSE Excellence Awards 2018 on 29 August 2019 at New Delhi.

The awards were judged by an independent and distinguished jury based on quantifiable parameters applied on detailed analysis of Price Waterhouse Coopers (PwC).

The PSE Excellence Awards is an initiative by Indian Chamber of Commerce (ICC) to acknowledge the game changers among public enterprises who have contributed immensely in shaping up the Indian economy. It is a platform to celebrate the performance of PSUs.The independent and distinguished Jury comprised: Former Secretary (DPE) Jury Chair ICC Bhaskar Chatterjee Advisor (Coal), Ministry of Coal Alok Perti, KPMG Associate Director Deepa Gupta, Former Chairman and Managing Director of ONGC R S Sharma, Dr Kohli who has been Adviser atl the Planning Commission and former CMD Power Finance Corporation, Uddesh Kohli, Director General of International Management Institute Pritam Singh, Former Chairman of Indian Oil Corporation M A Pathan, Former Chairman and Managing Director of HPCL H L Zutshi, President and Chief Operating Officer of HCL J V Ramamurthy.

Speaking about the transparent selection process adopted by the jury, former Secretary, Dept of Public Enterprises and Jury Chair ICC Bhaskar Chatterjee said that the selection process has been very involved. “The deep insights thrown up the data of PwC were thoroughly brainstormed and judged by the unique angles brought in each of the distinguished jury members,” he said.

ONGC recently bagged four awards in the Maharatna category in the Dun & Bradstreet (DNB) PSU Awards 2019 on August 22 – Best in Mining and Exploration (Crude Oil), Best Maharatna in Mining and Exploration, Best in Corporate Social Responsibility (CSR) Initiatives and Best in Swachh Bharat Initiatives. ONGC was also been recently conferred with the Golden Peacock Environment Management Award 2019 on 23 August.

Sarkaritel
By Sarkaritel August 29, 2019 14:32