MIT Hosts TechTatva’23, "Catalyzing Evolution." A Symposium Of Innovation

The Manipal Institute of Technology, Manipal, today celebrated the inauguration of its renowned National Level technology fest, TechTatva’23, under the theme "Catalyzing Evolution." This fest promises to highlight the transformative power of technology and its significant impact on our world. TechTatva’23 is especially significant as it also commemorates the 125th anniversary of MIT's venerable founder, Dr. TMA Pai.

The ceremony witnessed a warm welcome by MCs Triya and Pragya, who encapsulated the spirit of the fest, emphasizing the institution's dedication to knowledge, innovation, and excellence. Cdr. Dr. Anil Rana, Director of MIT, welcomed the gathering.

TechTatva'23 is honored to host Mr. Rajeev Chandrasekhar, Minister of State for Skill Development and Entrepreneurship and Minister of State for Electronics and Information Technology, Government of India, an illustrious alumnus of MIT, as the Chief Guest. In his riveting speech, “It is an absolute honor for me to serve as the chief guest at this outstanding technological festival put on by Manipal Institute of Technology, MAHE. The energy, originality, and intelligence that permeate this institute are inspiring.  Events like this aim to inspire invention, promote teamwork, and get the next generation of engineers and innovators ready to take on the issues of the future, not only to display technical superiority.

I urge each and every one of you to keep discovering, studying, and coming up with new ideas. Never stop asking questions, trying new things, and getting better. Accept failure as a stepping stone to achievement.

I am certainly impressed by the talent and passion I have witnessed here. The projects, presentations, and competitions I have seen today reflect not just your hard work, but also your dedication to pushing the boundaries of what is possible. Remember, innovation knows no bounds, and your ideas have the potential to shape the future.

I want to express my gratitude to the faculty and the organizers for fostering these young brains and giving them a stage on which to display their talents. Your advice and assistance are greatly appreciated."

Cdr. Dr. Anil Rana, Director of MIT, addressed the gathering, highlighting the institute's vision and commitment to fostering an environment of innovation. Furthermore, the convenors of TechTatva’23, Vinamra Chaudhary and Manaswi Jadav, shared insights into their vision for the fest, emphasizing the confluence of ideas and evolution. The event's pinnacle was the official opening of TechTatva'23 by Shri. Rajeev Chandrasekhar, symbolizing the onset of a myriad of events, workshops, and competitions, each steering towards technological advancements.

Other esteemed personalities gracing the occasion included Dr HS Ballal, Pro Chancellor of MAHE, Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor, MAHE, Dr Narayana Sabhahit, Pro Vice Chancellor – Technology and Science, MAHE, Dr N N Sharma, Pro Vice-Chancellor – Strategy and Planning, MAHE. Mr. CG Muthana COO – Operations, MAHE, Dr. P. Giridhar Kini, Registrar, MAHE, Dr Vinod V. Thomas, Registrar Evaluation, MAHE, Cdr. Dr. Anil Rana, Director, MIT, Dr. Somashekhara Bhat, Joint Director, MIT, and Dr. Poornima Kundapur, Associate Director, Student Welfare, MIT. Each of them has played a crucial role in sculpting MIT's academic and extracurricular domain.

To express their gratitude and appreciation, the institution presented a token of appreciation to Shri. Rajeev Chandrasekhar. The ceremony concluded with a heartfelt vote of thanks by Paridhi.

Bank of India Signs An MoU With REC Limited To Co-Finance Loans Amounting To Rs. 30,000 Crore

Bank of India (BOI) signed an MoU with REC Limited to jointly explore the possibilities of funding projects in sectors such as Power, Infrastructure and Logistics under a consortium arrangement. BOI and REC will join hands to co-finance loans amounting to Rs30,000/- crore over the next few years.

Esteemed members such as Shri T.S.C. Bosh, Executive Director (Infra & Logistics), REC and Shri Nitin G. Deshpande, CGM (Corporate Credit), BOI signed the MoU in the presence of Shri Vivek Kumar Dewangan, IAS, CMD, REC and Shri Rajneesh Karnatak, MD & CEO, BOI. Shri Ajoy Choudhury Director (Finance), REC and other senior officials from REC and BOI were also present during the meet.

REC Limited, a 12th Maharatna CPSE established in 1969, under the Ministry of Power, provides long-term loans and other finance products for the Power Infrastructure segments comprising Generation, Transmission, Distribution, Renewable Energy and new technologies such as Electric Vehicles, Battery Storage, Green Hydrogen, etc. Recently, REC has diversified into the Non-Power Infrastructure segment comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social & Commercial Infrastructure (Educational Institutions, Hospitals), Ports and Electro-Mechanical works related to various other sectors such as Steel, Refinery, etc.  The loan book of REC exceeds Rs4,54,393 crore.

Bank of India – a leading Public Sector Bank – has operations spread across the country and abroad. Founded in 1906, BOI is one of the largest Public Sector Banks in India with a Gross Global Business of Rs12,14,808 crore and a significant portfolio of assets funded under infrastructure and other sectors.

Investor Alert: 'Operation Farzi Bull Run' By Zee Business Unveils Market Manipulation

In recent times, the stock market has witnessed remarkable activity, with both institutional and retail investors interpreting the surge as a bullish trend. Zee Business’ extensive investigation on ‘Operation Farzi Bull Run’ has proved to be an eye-opener to investors and the general public about the perplexing/ complex surges in few loss-making & weak fundamental PSU (Public Sector Undertaking) stocks that gripped the Indian stock market.

Anil Singhvi, Managing Editor of Zee Business, through his extensive analysis, scrutinized the extraordinary activity in few small PSU shares. This has culminated in several stocks with suspect bull runs, now being subjected to lower circuit restrictions. In fact, the mid-cap and small-cap sectors, in particular, have experienced significant growth over the last six months.

Most notably, selected PSU stocks have displayed an extraordinary upswing, with gains ranging from 100% to a staggering 300% in just three months. However, while these stocks have exhibited substantial price movements, their underlying fundamentals often remain questionable.

Some of the key highlights of ‘Operation Farzi Bull Run’ are as follows:

·       Dubious Price Surges: ‘Operation Farzi Bull Run’ uncovered a systematic modus operandi, which emphasized on how select groups of investors have been manipulating the prices of government-owned shares that are already underperforming. These manipulations have led to unprecedented price hikes, leaving small, unsuspecting investors at risk.

·       Low Public Shareholding and Market Manipulation: Anil Singhvi also highlighted that the government owns a significant 90% of shares in state-owned companies where these manipulative activities are prevalent. The remaining 1% to 10% of shares are actively traded on the stock market. Owing to the low price of these shares, influential market participants and investors can easily amass substantial quantities, thereby gaining the power to dictate prices. This power is often used to lure smaller investors with the promise of lucrative returns, trapping them in a dubious cycle.

·       Uncovering the Deception: The ‘Operation Farzi Bull Run’ special report also highlighted the tricky trap into which regular investors fall into. It exposed the fraudulent tactics of the prominent investors behind this deception.

Upon investigation, there was a sharp correction of up to 10 per cent seen in these counters, which, until 10:30 am on Wednesday (October 18), were trading with gains of up to nine per cent. It further led to lower circuit in most of the stocks – i.e. a sharp decline was observed in Scooters India, MMTC, STC, Andrew Yule, KIOCL, FACT and HMT stocks.

Emphasizing on the far-fetched impact of ‘Operation Farzi Bull Run’, Anil Singhvi, Managing Editor, Zee Business said, "At Zee Business, we're committed to ensuring financial markets are transparent and honest. We initiated 'Operation Farzi Bull Run' with the sole purpose of protecting investors. The stock market's current dynamics are captivating, but appearances can be deceiving. It's imperative for investors to exercise prudence and conduct thorough research."

Madhu Soman, CBO of Zee Business and WION, further added, "At Zee Business, our investigative programming is a reflection of our pledge to inform, protect, and empower investors. ‘Operation Farzi Bull Run’ serves as a prime example of the tangible, real-world impact we aim to achieve. In fostering transparency and trust, our work not only benefits our viewers but also strengthens the integrity of the financial landscape."

‘Operation Farzi Bull Run’ is not just an investigation but has been able to raise an alarm for investors, regulators, and market participants to take action. It, in fact, underscores the significance of sound judgment and vigilance in a dynamic financial landscape.

Zee Media Corporation Ltd, one of India's leading media companies, has a strong presence in the news and regional genres, with 16 news channels in seven different languages, reaching more than 528+ million viewers through its linear and digital properties.

Brigade REAP Invites Applications For COHORT 15, Paving The Way For PropTech Innovation

Brigade REAP, India’s pioneering real estate accelerator program with a focus on PropTech, has opened applications for its upcoming Cohort 15, the focus sectors for which include Real Estate Development, Construction Technology, Sustainability, Data Analytics, Sales and CRM, Real Estate Investment, Hospitality, Smart Retail, Urban Tech, and Smart City Solutions. Brigade REAP is accepting applications until November 15, 2023, and the shortlisted startups will be onboarded for mentoring in January 2024.

"At Brigade REAP, we take pride in nurturing startups that excel in groundbreaking technologies on a global stage. As we open applications for the 15th cohort, we eagerly anticipate new technologies and innovations that these startups bring to the table. We are committed to empowering startups in creating not just innovative solutions but also building futuristic sustainable and scalable businesses, while handholding through their go-to-market strategy. " Keshav Jain, Head of Investments, Brigade REAP.

Eligible startups must be incorporated in India, be at the pre-seed stage; be actively solving significant challenges within the real estate ecosystem and have reached at least the minimum viable product stage.

To apply for Cohort 15, please visit the website - brigadereap.com

About BRIGADE REAP:

Brigade Real Estate Accelerator Program (REAP) started in 2016 was recognised by Startup India as the No 1 accelerator program in the country. Within a year of commencement of the program, Brigade REAP has been recognized amongst the Top #3 Real Estate accelerators in the world! Its success over the past 6 years has established the emergence of PropTech as a critical sector for India’s progress. Started in October 2016, the main objective of Brigade REAP is to understand the challenges faced by the Real Estate sector and then identify, nurture and validate solutions by innovative startups that can then catalyse the rapid adoption of technology by the sector, helping deliver significant cost savings, revenue maximization and overall process efficiencies. Through its well-established network of over 50 veteran mentors, domain experts, investor access, deep industry relationships, corporate partnerships, access to a structured program, & the expertise of in-house mentors, REAP startups are adding value to India’s Real estate developers- both big and small. 

Sustainable City Hopping This Dussehra: Explore The Best Weekend Getaways From Bengaluru And Chennai

Embark on an unforgettable holiday experience this upcoming long weekend, embracing the vibrant spirit of Dussehra. Let this weekend be a blend of leisure, cultural exploration and festive joy, creating cherished memories in the heart of the holiday season.  

Traveling from Bengaluru and Chennai 

Tirupati- In Tirupati, embrace a spiritual journey by visiting the renowned Sri Venkateswara Temple atop the sacred Tirumala Hills, a pilgrimage destination for millions. Experience the divine atmosphere and partake in rituals that have been observed for centuries. Don't miss a visit to the Akasaganga Teertham waterfall and explore the lush surroundings, adding a natural touch to your spiritual sojourn in this culturally rich city. 

Puducherry- Puducherry, with its French colonial influence and serene coastal ambience, invites visitors to stroll through the charming streets of White Town, where colonial architecture meets vibrant Tamil culture. Relax by the picturesque Promenade Beach, offering a tranquil escape along the Bay of Bengal. Dive into the spiritual atmosphere at Auroville, an experimental township, and explore the unique blend of cultural diversity that defines this coastal town in southern India. 

Getting there: Book NueGo’s premium AC electric bus services starting from Chennai’s Koyumbedu to Puducherry and Tirupati and from Bengaluru’s Majestic to Tirupati 

This long weekend, choose your perfect holiday getaway and celebrate this Dussehra in a safe and sustainable way by availing NueGo’s premium AC electric bus services to travel and unwind. The tickets can be easily booked through NueGo's official website https://nuego.in/ and other digital platforms such as, NueGo app, Redbus, Paytm, and Abhibus. NueGo offers a hassle-free payment experience through Paytm Wallet, Paytm UPI, net-banking, and credit/debit cards. 

The First-Ever BMW i7 M70 xDrive And The All-New BMW 740d M Sport Launched In India

* Unmatched ‘Power of Choice’ for all customers of BMW 7 - petrol, diesel, electric and an all-electric performance model.

* BMW i7 M70 xDrive: First all-electric M car to be launched in India, with 1,100 Nm of instantaneous torque.

* Exceptionally refined six-cylinder in-line diesel engine of the all-new BMW 740d.

* Extravagant opulence with Swarovski Crystal Headlights, BMW Individual Two-Tone Paint Finish & Full Leather Merino Upholstery.

* Best-in-Class Rear Seat Experience with 31.3” 8K Resolution BMW Theatre Screen & Executive Lounge Seating.

BMW India has launched the first-ever BMW i7 M70 xDrive along with the diesel variant of the all-new BMW 7 Series – 740d M Sport. The BMW 740d M Sport is locally produced at BMW Group Plant Chennai while the all-electric BMW i7 M70 xDrive is available as a completely built-up unit (CBU). Both these cars are available at all BMW India dealerships from today onwards.

Mr. Vikram Pawah, President, BMW Group India said, “The all-new BMW 7 Series defines the ultimate luxury sedan and sets new standards of luxury and exclusivity. The 7 has bedazzled the high-end segment with its new design language, powerful dynamics, comfort and trailblazing digital experience. With the addition of the BMW i7 M70 xDrive and the BMW 740d M Sport, our flagship is now available as a petrol, diesel, electric and an all-electric performance model. This diversification allows us to cater to all customer preferences and meet the overwhelming demand for the 7 Series in the Indian market. As the vehicle of choice of leaders and luminaries with next-level style and substance, the 7 will continue to shape forwardism.”

Mr. Pawah added, “The BMW i7 M70 xDrive marks another milestone for BMW M GmbH in its electric mobility transformation. This all-electric performance model that now spearheads the BMW 7 Series range has a highly individual aura that signals outstanding dynamic performance and reveals its power potential at first glance. It delivers the perfect combination of electric mobility and performance, resulting in a driving experience unique in the luxury segment.”

The cars are available at an ex-showroom price of –

The all-new BMW 740d M Sport             -           INR 1,81,00,000

The first-ever BMW i7 M70 xDrive          -           INR 2,50,00,000

Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but exclude Road Tax, Tax Collected at Source (TCS), RTO statutory taxes/fees, other local tax cess levies and insurance. Price / options are subject to change without prior notice. For further information, contact an authorised BMW dealer.

The all-new BMW 740d M Sport is available in following paintworks – Oxide Grey, Mineral White, Black Sapphire, and BMW Individual Tanzanite Blue. The first-ever BMW i7 M70 xDrive is available in the two-tone paintworks along with BMW Individual paintwork as standard – Black Sapphire Roof or  Oxide Grey Roof paintwork are possible with BMW Individual Paintwork of customer’s choice. The choice of paintwork can be made online at BMW Visualizer.

Both 740d M Sport and i7 M70 xDrive are offered in BMW Individual Leather ‘Merino’ upholstery in Amarone, Tartufo, Mocha, Black and Smoke White. BMW Individual leather ‘Merino’ with exclusive contents is optionally available on the BMW i7 M70 xDrive, including Leather Merino - Cashmere Wool combination.

The car comes with standard two-year warranty for unlimited kilometers. Repair Inclusive can extend warranty benefits from third year of operation to maximum fifth year without any mileage limitation. The high-voltage battery in BMW i7 M70 xDrive is covered by a warranty valid for eight years or up to 160,000 kilometers.

Thanks to BMW India Financial Services, customized and flexible financial solutions are designed as per individual requirements. Customers enjoy great value and complete peace of mind with BMW 360? Finance Plan. It includes attractive monthly instalments, assured buy-back option up to five years, flexible term-end opportunities, and options to upgrade to a new BMW among other benefits.

The all-new BMW 740d M Sport and the first-ever BMW i7 M70 xDrive

The powerfully expressive design features for the exterior of the new BMW 7 Series authentically reflect its central product attributes and the associated on-board experience. The headlights are divided into two parts. At the top are the daytime running lights, complete with the BMW Crystal Headlights. Their sparkling Swarovski crystals reflect ambient light in a multi-faceted way even when not illuminated, resulting in an impressive shimmering effect. Underneath are the LED headlights for high beam and low beam. Another distinguished feature is the strikingly illuminated BMW Iconic Glow kidney grille surround that lends an unmistakeable appearance.

The first-ever BMW i7 M70 xDrive features the BMW kidney grille which sports an M logo, underlining the range-topping model’s dynamic character. It is bordered by Black high-gloss surfaces, giving it even greater visual prominence. M-specific design features along the flanks and at the rear clearly showcase the performance character of the top-of-the-range model variant. Eye-catching M side skirts, M logos with embellished borders on the front side panels, M High-gloss Shadowline trim, black M exterior mirrors with twin-stalk design and M Sport brakes in blue add sporting flourishes. The car is specified with the standard M Performance package that features a black M rear spoiler, a black accent strip between the rear lights and an inlay – also in black – for the rear apron. The standard 21-inch M light-alloy wheels on the BMW i7 M70 xDrive feature an exclusive, aerodynamically optimised design.

In the interior, the innovative BMW Interaction Bar defines the revolutionary cockpit design. This backlit bar looks like a piece of crystal jewelry where air vents are integrated almost invisibly. Using this touch-enabled bar, passengers can also adjust ambient lighting, air conditioning as well as its appearance. Unique and innovative features in the rear take comfort to a new level. A key feature here is Rear Seat Entertainment Experience with BMW Theatre Screen. The 31.3-inch touch screen with 8K resolution extends down from the ceiling to turn the car into a mobile home cinema as the windows blinds and panorama glass roof automatically close. The Bowers & Wilkins Diamond Surround Sound System adds an extremely high-quality and multi-faceted sound experience to film watching in the rear of the new BMW 7 Series. It sets new standards in its segment not only with up to 36 speakers, of which four are integrated into the headliner, and amplifier output of 1,965 watts, but also in terms of sound quality. Another highlight is the 5.5-inch smartphone-style touchscreen control panels in the rear doors. The cars also offer the comfort-enhancing feature of automatic door opening and closing via just a touch on the door handles, the buttons in the BMW Interaction Bar or the rear door trim or the car key.

The BMW i7 M70 xDrive also gets the Carbon Fibre M interior trim with silver stitching/Piano Finish Black that adds to the overall experience inside the cabin. The BMW i7 M70 xDrive comes as standard with M-specific equipment details that accentuate its sporting flair and enhance its concentrated sense of driving pleasure. These include illuminated M door sills, M Merino leather trim in Black/Atlas Grey available as an option, an M leather steering wheel, M-specific content on the BMW Curved Display and an M driver’s footrest.  The electric all-wheel drive, the steering, the dampers and the driving stability systems are each underpinned by the M-specific application of all control systems, ensuring superbly judged driving characteristics in all situations.

The Executive Lounge Seating behind the front passenger reclines to 42.5 degrees, offering a true first-class experience thanks to multifunction seats, massage function, active seat ventilation and rear console. My Modes can be used to turn every journey into an individual experience by combining sound, light, temperature, suspension settings and seat functions to create a particular mood. Other than Personal Mode, Sport Mode and Efficient mode, the new BMW 7 Series is offered with multiple new modes: My Mode Relax, My Mode Theatre and My Mode Expressive. My Mode Relax combines calm images in the Control Display, seat massage and a gentle soundscape to encourage occupants to unwind. In addition, drivers can black out the window areas and the panoramic glass roof. In My Mode Theatre, the BMW Theatre Screen folds down, the interior is dimmed, and the seat moved into a comfortable viewing position. My Mode Expressive accentuates the driving experience with lively colours and patterns as well as BMW IconicSounds Electric.

Thanks to the unrivalled BMW TwinPower Turbo technology, the diesel engine melds maximum power with exemplary efficiency and offers spontaneous responsiveness even at low engine speeds. The three-litre six-cylinder diesel engine of the all-new BMW 740d M Sport produces an output of 210 kW / 286 hp and a maximum torque of 650 Nm at 1,500 – 2,500 rpm. The car accelerates from 0 -100 km / hr in just 6.0 seconds with a top speed of 250 km/h.

An M-specific configuration of the drive system enables the BMW i7 M70 xDrive’s rear-axle motor, in particular, to achieve unprecedented levels of power density. The drive unit has a six-phase design with a dual inverter. This forms the basis for a very substantial increase in peak output that remains on tap up to high speeds, endowing the BMW i7 M70 xDrive with the power delivery characteristic of M models. The car instantly accelerates from 0 to 100 km/hr in 3.7 seconds with a top speed of 250 km/hr. It produces an output of 660 hp and a class-leading maximum torque of 1100 Nm. The extremely slim and high-voltage lithium-ion recyclable battery integrated in the floor has a net capacity of 101.7 kWh providing a range of up to 560 kms (WLTP). The BMW i7 M70 xDrive comes with a complimentary BMW Wallbox charger with installation. It can be integrated at home to enable safe and convenient charging up to 22kW.

The BMW i7 M70 xDrive is one of the brand's first models to feature the latest generation of BMW iDrive with "QuickSelect" and BMW Operating System 8.5. The advanced display and operating system offers a redesigned entry screen and "QuickSelect” access with an improved menu structure oriented towards consumer electronics devices. The new entry screen permanently shows the map view of the navigation system or other displays that can be individually configured. The cloud-based navigation system BMW Maps now not only offers an Augmented View display on the Information Display behind the steering wheel, but also improved functions for even more precise and charging station optimised navigation.

BMW ConnectedDrive technology includes BMW ID, MyBMW App, Digital Key Plus, Emergency Call, Real-time Traffic Information, Remote Services, smartphone parking and Amazon Fire TV. BMW iDrive with Operating System 8 on the BMW 740d offers all the possibilities for interaction between occupants and the vehicle – using touch, gesture or speech. It is complemented by the BMW Intelligent Personal Assistant system which has a self-learning intelligence that adopts a driver’s individual habits, proactively provides useful tips on new driving functions and seamlessly integrates smartphone apps.

The spread of Driver Assistance Systems is more extensive. They support the driver and also increase comfort and safety. Standard equipment includes functions like Cruise Control, Attentiveness Assistant, Parking Assistant Professional with remote parking via smartphone and Reversing Assistant. In the BMW i7 M70 xDrive, Integral Active Steering and the Executive Drive Pro suspension package including Active Roll Stabilisation with Active Roll Comfort also feature as standard equipment.

BMW EfficientDynamics includes features such as 8-speed Steptronic Automatic Transmission, Auto Start-Stop, ECO PRO mode, Brake-Energy Regeneration, Electronic Power Steering, 50:50 Weight Distribution, Driving Experience Control switch and many other innovative technologies. The M Launch Control function in the BMW i7 M70 xDrive ensures the power generated by the electric motors is metered extremely precisely, allowing the drive system’s M-typical performance characteristics to be instantly converted into stunning acceleration without any loss of traction. The M Sport Boost function is activated with the shift paddle on the left of the steering wheel and is visualised by Performance-specific graphics in the instrument cluster. At the same time, the standard BMW IconicSounds Electric by Hans Zimmer provides a fitting acoustic accompaniment by switching to a particularly exhilarating, M Performance-specific note.

BMW Safety technologies include six airbags, Attentiveness Assistance, Dynamic Stability Control (DSC) including Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensor, ISOFIX child seat mounting and integrated emergency spare wheel under the load floor.

ONGC Roadshow In Singapore: Collaboration Opportunities In Offshore Oil And Gas Projects

Oil and Natural Gas Corporation (ONGC) is organizing a roadshow in Singapore on 19 and 20 October 2023, to invite global oil and gas companies for collaboration opportunities in offshore oil and gas projects. The Roadshow will offer valuable insights into business opportunities within India's offshore oil and gas infrastructure sector. The Roadshow is taking place in Hotel Pan Pacific, 7 Raffles Boulevard, Singapore.

In pursuit of strategic growth aligned with the evolving energy landscape, ONGC has meticulously designed an ambitious roadmap, the Energy Strategy 2040. This comprehensive plan reflects its resolute commitment to double oil and gas production, expand refining capacity, diversify into renewable energy, and bolster our non-oil and gas ventures.

To achieve substantial growth and diversify its energy portfolio, ONGC prioritizes the early monetization of discoveries through accelerated project execution. It is also making significant investments in Deepwater exploration, Improved Oil Recovery (IOR), and Enhanced Oil Recovery (EOR) projects, maximizing production efficiency and tapping untapped reserves.

Aligned with its growth plans, ONGC is embarking on an expedited development of multiple offshore fields over the next three years. Its objective is to establish more than 25 offshore facilities, lay over 1000 kilometers of subsea pipelines, and create associated infrastructure, requiring an investment of USD 11 billion.

As a trailblazer in India's energy sector since 1956, ONGC remains dedicated to providing dependable and sustainable energy solutions. Recognizing the vital role hydrocarbons will play in India's energy security and economic growth, ONGC looks forward to have a mutually beneficial relationship and long lasting partnership with its business partners.