Economy

ONGC, India’s largest oil and gas company, is looking to generate electricity from wind on its extensive offshore holdings as part of its renewable energy portfolio, according to its chairman Mr. Subhash Kumar. In both the Arabian Sea and the Bay of Bengal, the Oil and Natural Gas Corporation (ONGC) owns oil and gas fields. That deep-sea experience is now being used to set wind turbines that could generate electricity that could be linked to land.

The Ministry of Commerce has developed a strategy to expand and hone special products that each district produces across the country.

Northern Coalfields Limited (NCL), the Singrauli based Coal India subsidiary under the Ministry of Coal has dispatched the highest ever coal in a single day. On 27th August,2021 the company’s offtake grew to a whopping 3.87 lakh tonnes.

After operationalising the country’s first cutting edge technology equipped oil rig, made under the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives of Prime Minister Narendra Modi, at it’s Kalol oil field, the Oil and Natural Gas Corporation (ONGC) will have it’s second oil rig operational within twenty days, according to the company.