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Indian Mining Industry

ONGC

Awarded Asia's Best Oil and Gas Company, Oil and Natural Gas Corporation Limited is seen as the flagship for oil and gas companies (public sector) in India. Its competitive strength lies in

Strong intellectual property base, information, knowledge, and skilled and experienced human resource base.

ONGC is the owner of the largest pipeline (11000 kilometers) in India.
ONGC alone contributes over 84 per cent of Indian's oil and gas production.
ONGC has the distinction of having paid the highest-ever dividend in the Indian corporate history.
ONGC has 5 regional offices across India and two plants.

In terms of its human resource base, ONGC has the following noteworthy features:

ONGC has an experienced and professional human resource base of more than 40,000 employees.
Apart from the quarterly and other job incentives, ONGC has successfully incorporated various Reward and Recognition Schemes, Grievance Handling Scheme and Suggestion Scheme.
ONGC has also set up 9 institutes offering specialized courses in refining, mining, etc.
ONGC believes in participative culture and open communication.

ONGC is one of the pioneers of offshore and onshore drilling in India and is now looking forward towards expansion in deepwater exploration and drilling and other allied areas of service sector.

The ONGC group has announced a net profit of Rs 15,485 crore for the financial year 2005-06.

ONGC has registered a growth of 6 percent in its net profit over the last year. The group's turnover on a gross basis was Rs 86,414 crore, witnessing a growth of 21 per cent than Rs 71,627 crore in 2004-05.

The ONGC Ltd recorded revenues of Rs 50,900 crore and its profits rose by nine per cent to Rs 14,175 crore. The market capitalisation of ONGC crossed Rs 190,000 crore on March 30 this year.

ONGC HEAD OFFICE:
Tel bhavan,
Dehradun-218003

REGISTERED OFFICE:
Jeevan Bharati, Tower-II,
Indira Chowk, New Delhi-01