Monday, 7 January 2019

ONGC to invest Rs 6,000 crore in drilling wells in Assam

State-run oil behemoth ONGC on Sunday aforesaidit'll pump in Rs half-dozen,000 large integer in drilling two hundred wells over consequent seven years in Assam so as to extend the output from the state.

The investment can come about Sivasagar and Charaideo districts of higherAssam, besides getting torent over three hundredpersons within the state, ONGC Director (Onshore) S K Moitra aforesaid.

"The ONGC would be investment regarding Rs half-dozen,000 large integerin drilling two hundredbiological process wells across fields underneathONGC Assam plus in Sivasagar and Charaideo districts," Moitra aforesaidduring a statement.

The wells square measureplanned to be trainedthroughout consequentseven years ranging from the present yr, he added.

All statutory clearances square measure being obtained. The investment can cause increase in production from the state," Moitra aforesaid.

The ONGC is giving moreimpetus to its activities in alignment with the prime minister's incorporatereducing import by ten per cent by 2022 and North East organic compound Vision 2030, he added.

Talking regarding hiring within the state, Moitra said: "The ONGC Management has invariably accorded highpriority to Assam and in 2019, special focus is being given. As a brand new Year gift, 308 posts for achievement by ONGC Assam plus (non-executive level) has been declared.

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