It allows self-certified documents for requirements like bank guarantee to the appointment of auditor and relinquishing an area or a commercial oil and gas discovery is made.
ONGC has signed a memorandum of understanding with the country's top utility NTPC Ltd to study the setting up of offshore wind and other renewable energy projects in India and overseas
State-owned Oil and Natural Gas Corp (ONGC) net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production. Net profit in April-June at Rs 4,335 crore was 772.