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June 17th, 2016, 10:42 AM
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Join Date: Mar 2013
ONGC Business Model

Hello, I want to know the details of the business model of the Oil and Natural Gas Corporation. Please provide me.

Hello, here I am providing you the details of the business model of the Oil and Natural Gas Corporation as under:

About the business of ONGC;
Business Development & Joint Ventures Group of ONGC (BD&JV) is organization’s link to driving value integration in hydrocarbon molecule beyond the E&P domain and to identifying and developing futuristic energy portfolio.

Business income:
Revenue
₹165131 crore (US$25 billion) (2015)

Operating income
₹53566 crore (US$8.0 billion) (2015)

Profit
₹18647 crore (US$2.8 billion) (2015)

Total assets
₹234798 crore (US$35 billion) (2015)

Existing joint ventures:
Dahej Special Economic Zone Ltd. (DSL)
Mangalore Special Economic Zone (MSEZ)
ONGC Tripura Company Ltd.(OTPC)
ONGC Petro-additions Ltd. (OPaL)
ONGC Mangalore Petrochemicals Ltd. (OMPL)

Significance of BD&JV to the organization
BD&JV is not only expanding the canvas of the organization but is also creating entirely new planes in energy domain to drive the organization into its future. In a nutshell, BD&JV is working towards ensuring sustainability of the organization by being its umbilical cord to its tomorrow.

Contact details:
Mr. SSC Parthiban
ONGC, Jeevan Bharti, Tower-II, 124-Indira Chowk, New Delhi – 110001
Telephone: 011-23317213 (Office), 011-23310729 (Fax)

Last edited by Neelurk; March 31st, 2020 at 04:37 PM.
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