All content in this website is sourced legitimately
ONGC's KG Basin investment pegged at Rs 80,000 crore
Mar 17:
The scale of investment by ONGC in KG offshore is a staggering high
8According to the latest data, the total envisaged investment is in the range of Rs 70,000 crore
8All within a limited period of time
8While the Rs 34,000 crore in the KG-DWN-98/2 outlay remains the biggest so far in the basin, there are other big ticket offshore clusters where the potential investment are expected to be very high indeed
8Then again in the KG Basin onland blocks, the total investment price tag is Rs 10,000 crore.
8So that is a lot of investment -- totaling up to Rs 80,000 crore -- concentrated around Andhra Pradesh and the offshore areas around it
Click on Reports for more
**********************************
8According to the latest data, the total envisaged investment is in the range of Rs 70,000 crore
8All within a limited period of time
8While the Rs 34,000 crore in the KG-DWN-98/2 outlay remains the biggest so far in the basin, there are other big ticket offshore clusters where the potential investment are expected to be very high indeed
8Then again in the KG Basin onland blocks, the total investment price tag is Rs 10,000 crore.
8So that is a lot of investment -- totaling up to Rs 80,000 crore -- concentrated around Andhra Pradesh and the offshore areas around it
Click on Reports for more
