PM Modi Flags Off Maiden Crude Oil Tanker from ONGC's KG Project

07 Mar 2024 CW Team

In a significant stride towards bolstering India's energy independence, Prime Minister Narendra Modi ceremoniously flagged off the inaugural crude oil tanker from ONGC's KG Project. The momentous event marks a pivotal milestone in the nation's journey towards self-sufficiency in the energy sector, underscoring the success of indigenous projects.

The commencement of the crude oil tanker operations from the KG Project signifies a major achievement for ONGC and aligns with the government's vision of reducing dependency on imported oil. The project, located in the Krishna-Godavari basin, holds strategic importance in contributing to the country's energy security and economic resilience.

PM Modi's symbolic flag-off not only celebrates the successful operationalization of the KG Project but also highlights the commitment to harnessing domestic resources for the nation's growth. The event signals a shift towards leveraging indigenous capabilities, reducing imports, and fostering a more sustainable and secure energy landscape for India.

The article delves into the implications of this historic moment, exploring how the KG Project's success aligns with the broader narrative of Atmanirbhar Bharat (self-reliant India) in the energy sector. As the nation embarks on a path of reduced dependence on external sources, the inauguration of the crude oil tanker becomes a symbol of resilience and progress.

Inaugurating the first crude oil tanker from ONGC's KG Project, PM Modi reinforces the importance of leveraging domestic resources, enhancing energy security, and advancing India's journey towards becoming a self-reliant and resilient economy.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..