Twitter

Facebook

Youtube

Pintrest

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
ONGC to set up its own power plants
Last Updated : 29 Mar 2013 10:17:58 AM IST
ONGC
File photo
 

Andhra Pradesh state-run exploration giant ONGC ton Thursday said it plans to set up its own power plants, not just gas-based but also facilities based on nuclear, wind and other conventional energy sources.


"We intend to set up our own power plants, not just gas-based but also power plants based on conventional energy sources besides wind power, nuclear power plants," ONGC Chairman and Managing Director Sudhir Vasudeva said.
   

He was speaking after inaugurating?the monetisation and production operations from the first onshore marginal gas fields in KG basin at Ponnamanda village in East Godavari district of Andhra Pradesh. The fields are to be operated by KEI-RSOS Petroleum & Energy Ltd (KRPEL), a private entity.
   

"Our focus has been on fields with large gas potential. However, the recent increase in the gas prices has made us to relook at such marginal fields through the public private partnership," Vasudeva said.
   

"We see tremendous potential in this project with an expectation on three lakh cubic meters of gas, as there are five more well to be drilled. Rajahmundry asset of ONGC has been one of the best assets and hope to see it go from strengthen to strengthen," the CMD said.
   

He said ONGC has allocated 2 per cent of its profits towards Corporate Social Responsibility (CSR) projects.
   

P K Rao, Manager of the PSU's KG Asset, said the commencement of gas production and monetisation of the three depleted marginal fields near Rajahmundry Sirikattapalli, Mullkipalli and Megatapalli ? has proven that ONGC's marginal fields policy has been a success.    

 

Murthy Jasti, Managind Director of KRPEL, said it is an honour to be called "partners" of a great organisation like the ONGC.
   

KRPEL, the service partner in the project, has laid 15 km of pipelines connecting all the fields and built a gas gathering station capable of processing five lakh cubic metres of gas per day at Ponnamanda.


Post Your Comment (0 posted):
Post your comment Post Your Comments
Your name :
Your e-mail address :
Your website :
Add your comments :
Please enter the code you see in the image:
Code

Its homecoming of sorts for gorgeous former Miss Universe Sushmita Sen as she is set to s

Bollywood actress Sunny Leone was looking stunningly beautiful as she walk the ramp as t

Salman Khan a "national boyfriend" this name has been given to him by Karan Johar, Karan

Aamir Khan is fiercely protective about his movies, but the story of Peekay has been leake

Pakistani actress Saba Qamar's “Kambakht” is set to clash with Salman khan’s upcomin

People still think that Manju from Comedy Nights With Kapil is actually Kapil Sharma's rea

Recently, two Pakistani actresses have made inroads into Bollywood. Humaima Malick will be

These women can put to shame celebrities who boast of having a size zero figure. These wom

Rabiya Khan, the mother of deceased Bollywood actor Jiah Khan, assured the Bombay High Co

Another love lady of Akshay Kumar. Bollywood Khiladi has a long list of love affairs Sta

Bollywood's selfie obsession has caught the fancy of almost all stars in the industry. See

Social networking sites have been flooded by the news how Deepika Padukone wished Happy Bi

When Malaysian Airlines flight MH17 came down after being hit by a missile in east Ukraine

Sunny leone is in a denial mode but the site owners have her signed contract.Sunny isone d

A Malaysia Airlines plane was blown up over Eastern Ukraine by a sophisticated missile bel

We bet you did not know these facts about the birthday girl Priyanka ChopraToday is our de

A new study has claimed that if you sleep in the nude, then you can have a happier relatio

Russian President Vladimir Putin was on target but terrorists by mistakenly shot down Mala

Another conspiracy that is originating from the blasting of the Malaysian airlines flight

With the MeT department warning of heavy showers at various places in Uttarakhand on Satur

Desi kalakaar Yo Yo Honey Singh has been advised two month rest by doctors. Find out what

It is always a subject of debate whether Unidentified Flying Objects (UFO) does exist or n

Microsoft Devices has launched entry level dual-sim mobile phone 'Nokia 130' in India.


Samay Live

Samay Live

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

10.10.70.54