ONGC Eyes Key Role in Tamil Nadu's Gas-Based Economy

Oil and Natural Gas Corporation Ltd. (ONGC) has the potential to play a significant role in fueling Tamil Nadu's emerging gas-based economy, according to K.V. Ilango, Asset Manager at ONGC Cauvery Asset.

In his address on Independence Day, Mr. Ilango highlighted that energy security is an essential pillar of national development and that ONGC has an important role in ensuring reliable energy availability through its domestic exploration and production.

Tamil Nadu's large and growing energy requirement presents a significant opportunity for the state to leverage its valuable domestic oil and natural gas resources, said Mr. Ilango.

The State's City Gas Distribution (CGD) Policy, 2023, aims to extend the benefits of PNG and CNG across all 38 districts of Tamil Nadu, and increased availability of competitively priced domestic gas can be an important enabler in achieving this vision.