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Oil & Natural Gas Corpn Ltd
BSE Code 500312 ISIN Demat INE213A01029 Book Value (₹) 222.84 NSE Symbol ONGC Div & Yield % 4.11 Market Cap ( Cr.) 344,070.64 P/E * 9 EPS * 30.39 Face Value (₹) 5
* Profit to Earning Ratio
* Earning Per Share
Board of Oil & Natural Gas Corpn approves formation of JVs to set up 15 CBG plants Back
(20 Feb 2024)
The Board of Oil & Natural Gas Corpn (ONGC) at its meeting held on 20 February 2024 has considered and accorded in-principle approval for formation of Joint Venture companies (JVs) either by ONGC or through its subsidiary(ies)/ associates to set up and operate 15 CBG Plants, subject to requisite approval(s).

The Board also accorded, in-principle, approval for the said purpose by formation of 50:50 Joint Ventures by ONGC or by its subsidiary(ies)/ associates separately with below-mentioned companies with seed equity contribution upto Rs 10 crore for each JV:-

i. SFC Environmental Technologies; and

ii. EverEnviro Resource Management