{"id":289841,"date":"2019-08-31T07:27:41","date_gmt":"2019-08-31T07:27:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289841"},"modified":"2019-08-31T07:30:20","modified_gmt":"2019-08-31T07:30:20","slug":"ongc-charts-course-for-new-avatar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-charts-course-for-new-avatar\/","title":{"rendered":"ONGC charts course for new \u2018avatar\u2019"},"content":{"rendered":"<p>India\u2019s top oil and gas producer ONGC on Friday unveiled a USD 15-16 billion investment plan to double output from its domestic and overseas fields and expand its refining capacity three folds alongside diversification into renewables in a new vision document for 2040. <\/p>\n<p>\u201cThe new strategy document aims to transforms ONGC in a new \u2018avatar\u2019 in this new energy landscape as a diversified energy company with strong contribution from non-E&amp;P businesses,\u201d Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Shashi Shanker told reporters here. <\/p>\n<p>ONGC Energy Strategy 2040 envisions the company as \u201cA diversified energy company with a strong contribution from non E&amp;P business; 3x revenues and about 5-6x market capitalisation,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s top oil and gas producer ONGC on Friday unveiled a USD 15-16 billion investment plan to double output from its domestic and overseas fields and expand its refining capacity three folds alongside diversification into renewables in a new vision document for 2040. \u201cThe new strategy document aims to transforms ONGC in a new \u2018avatar\u2019 in this new energy landscape as a diversified energy company with strong contribution from non-E&amp;P businesses,\u201d Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Shashi Shanker told reporters here. ONGC Energy Strategy 2040 envisions the company as \u201cA diversified energy company with a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-289841","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289841"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289841\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}