ONGC, OIL among 14 outfits to secure blocks in 2nd DSF bid round
The Empowered Committee of Secretaries (ECS) and Group of Ministers have approved the award of 23 blocks under the second Discovered Small Field bid round.
Oil and Natural Gas Corporation (ONGC) has bagged five blocks while Oil India Limited (OIL) has cornered two.
A joint venture of Indian Oil Corporation Limited (IOCL) and Hindustan Oil Exploration Company (HOEC) has secured one block.
The remaining 15 blocks have been awarded to private sector, with Ganges Geo Resources Private Limited cornering five blocks. Vedanta Limited, Arch Softwares Private Limited, Shanti G D Ispat and Power Private Limited and Bagadiya Brothers Private Limited have got two blocks each.
