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ONGC to invest $8.8 billion in KG oil and gas finds

ONGC plans to develop the discoveries in the block in three clusters - 14.5 million standard cubic meters per day of gas for 15 years from Cluster-1 comprising of D&E finds of NDA in KG-D5 block and G-4 find in the a neighbouring area.

Country's top dry-fuel miner Coal India (CIL) has become the sixth-largest mining company in the world in terms of market capital, says a recent PwC report.
Tourism Minister Mahesh Sharma, has, however, ruled out the possibility of selling off The Ashok, the flagship property of ITDC in the national capital.
The Union Cabinet on Wednesday approved proposals to divest its 5 per cent stake in state-owned NTPC Ltd and 10 per cent in IOC.
State-owned NTPC on Thursday said Talcher in Odisha will become a power hub with the PSU planning around 3,000 MW of capacity addition there.
BHEL has bagged its largest order amounting to Rs 17,950 crore from Telangana State Power Generation Corp (TSGENCO)
Coal Minister Piyush Goyal says Coal India has set a target to attain one billion tonne of coal production by 2019-20.
The proposed share sale of 5 per cent in NTPC would fetch the government Rs 5,565 crore while that of 10 per cent in IOC would bring in Rs 7,932 crore.
Lower oil prices have reduced net margins of two state-owned upstream companies, Oil India and ONGC and the government needs to reduce the burden on them.

BPCL said that the notes will be listed on the Singapore Stock Exchange and the proceeds will be used for capital expenditures purposes.