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Tag: Oil and Natural Gas Corporation

ONGC to invest ₹2 lakh cr to meet net zero emission target

Posted on July 9, 2024 By admin
ONGC to invest ₹2 lakh cr to meet net zero emission target

FILE PHOTO: A technician is pictured inside a desalter plant of Oil and Natural Gas Corp (ONGC) on the outskirts of Ahmedabad, India, September 30, 2016. REUTERS/Amit Dave/File Photo | Photo Credit: AMIT DAVE State-owned Oil and Natural Gas Corporation (ONGC) will invest about ₹2 lakh crore in setting up renewable energy sites and green…

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Windfall tax on crude oil, diesel hiked

Posted on August 15, 2023 By admin
Windfall tax on crude oil, diesel hiked

Representational image only. The government has hiked the windfall profit tax on crude oil produced in the country and on export of diesel, while bringing back the levy on overseas shipments of ATF. The tax, levied in the form of special additional excise duty, on domestically produced crude oil has been raised to ₹7,100 per…

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