ONGC Offers Stake in Deen Dayal Gas Field

26 Jun 2024 CW Team

ONGC, a major player in India's oil and gas sector, has decided to divest a portion of its stake in the Deen Dayal gas field, marking a strategic shift in its operations. This move is part of ONGC's broader strategy to optimize its portfolio and attract new investments.

The Deen Dayal gas field, located in the KG-D6 block in the Krishna Godavari basin, has been a key asset for ONGC, contributing significantly to the country's gas production. With this stake offering, ONGC aims to enhance operational efficiency and unlock additional value from its assets.

The decision to offer a stake in the Deen Dayal gas field comes at a time when the energy landscape is evolving rapidly, with a growing emphasis on cleaner fuels and sustainable practices. ONGC's move aligns with the industry's shift towards diversification and investment in renewable energy sources.

This development is expected to attract interest from domestic and international investors keen on participating in India's energy sector. It also reflects ONGC's commitment to leveraging opportunities for collaboration and growth in a dynamic market environment.

Key stakeholders, including government authorities and industry experts, are closely monitoring ONGC's stake offering in the Deen Dayal gas field, anticipating its impact on the energy sector's future trajectory. The outcome of this strategic move is poised to influence investment trends and operational strategies across the oil and gas industry.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..