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Article: : ONGC to focus on alternative energy R&D.
- Article from:
- TendersInfo
- Article date:
- November 11, 2009
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Byline: manish03
As part of efforts to be present across alternative and renewable fuel sources, state-run Oil and Natural Gas Corp. Ltd (ONGC) will train its focus on these areas as well.
The company board has given its approval to set aside Rs500 crore for research and development activities (in these segments), R.S. Sharma, chairman and managing director of the firm, told reporters on the sidelines of the India Economic Summit in New Delhi on Monday.
In a related development, the hydrocarbon explorer announced that it has studied the log data of 900 wells and has identified pilot projects to explore uranium together with Uranium Corp. of ...