ONGC to build 1.75 million ton strategic oil reserve

10 Jul 2026via ReutersSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

ONGC to build 1.75 million ton strategic oil reserve — State-owned ONGC aims to strengthen India’s energy security by establishing a 1.75 million ton national strategic oil reserve. The move supports long-term supply stability and could lead to future capex expansion. The project highlights ONGC’s pivotal role in India’s energy infrastructure.

📊 STOCKS: ONGC | 🏢 SECTOR: Energy | #MEDIUMIMPACT #ONGC

#ONGC#oilreserve#strategicreserve

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