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ONGC to invest Rs 15,000 cr in six blocks under DSF-III
In the six DSF-III blocks awarded to ONGC (two under JV with IOC) an investment of Rs 15077 crore ($1894.5 million) is planned towards development in the blocks, the company said adding that it has signed two contracts for fields under special coal bed methane (CBM) bid round -2021 blocks in Jharkhand and Madhya Pradesh. For the two CBM blocks, the total investment commitment is to the tune of Rs 47 crore ($5.94 million), it added.