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ONGC to draw new perspective plan to integrate business

Oil and Natural Gas Corporation (ONGC) will draw a new perspective plan to integrate recent acquisition HPCL and just commissioned petrochemical unit with its mainstay oil and gas exploration and production operations. The company is also aiming to achieve proper synergies from the integration to maximize value, optimize cost and enhance efficiency.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.

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