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ONGC's Assam Projects Hit Roadblock


Industry Segment: Production | Word Count: 471 Words

DELHI, INDIA--March 19, 2012--Researched by Industrial Info Resources India (Delhi, India)--Government of India-owned enterprise Oil & Natural Gas Corporation Limited (ONGC) (BSE:500312) (New Delhi, India) seems to have a tough time with its ongoing projects in Assam. Investments of more than $25 million are stuck in various projects that are being executed by the oil-exploration major for the development of its assets spread across the various parts of the Northeast Indian state.

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