ONGC KG Basin Peak Production Delayed to 2024 End

05 Apr 2024 CW Team

ONGC's anticipated peak production phase at the KG Basin might face a setback, potentially delaying its realisation until the end of 2024. This delay is attributed to various factors, including logistical challenges, operational complexities, and regulatory hurdles.

The postponement of peak production at the KG Basin poses challenges for ONGC's operational timelines and revenue projections. The company must navigate through the obstacles to ensure efficient exploration and extraction processes in the region.

ONGC's KG Basin project holds significant importance for India's energy sector, as it plays a crucial role in the country's domestic hydrocarbon production. Any delay in achieving peak production could impact India's energy security and necessitate adjustments in the nation's energy strategy.

Despite the potential delay, ONGC remains committed to optimising its operations at the KG Basin and overcoming the challenges hindering peak production. The company continues to explore innovative solutions and leverage its expertise to expedite the project's progress.

ONGC's efforts to address the delays at the KG Basin underscore its resilience and determination to enhance domestic oil and gas production. The company's proactive approach in overcoming obstacles reflects its dedication to contributing to India's energy self-sufficiency and economic growth.

As ONGC navigates through the challenges associated with the KG Basin project, stakeholders closely monitor developments in the region. The successful execution of the project is critical not only for ONGC's growth trajectory but also for India's energy landscape and overall economic development.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..