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IOC, ONGC implementing projects worth Rs 3.57 trn to boost economy: Govt

Oil Minister Dharmendra Pradhan and other senior officials of the ministry "reviewed the ongoing oil and gas projects started by PSUs since the resumption of economic activities from April 20, 2020"

ongc, oil, gas, petrol
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The crude oil that ONGC produces from fields or which IOC imports, is converted into fuel such as petrol, diesel, and LPG at refineries and sold to customers

Press Trust of India
Oil PSUs such as IOC and ONGC are implementing about Rs 3.57 trillion worth of projects across the entire hydrocarbon value chain that will further enhance energy accessibility, create jobs and boost the economy, the Petroleum Ministry said on Monday.

In Twitter posts, the Ministry of Petroleum and Natural Gas said out of Rs 3.57 trillion being spenton 859 projects, over Rs 60,000 crore will be invested during fiscal 2020-21.

Oil Minister Dharmendra Pradhan and other senior officials of the ministry "reviewed the ongoing oil and gas projects started by PSUs since the resumption of economic activities from April 20,

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