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The Economic Times

Economy / The Economic Times

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ONGC bets on gas-led growth as premium pricing boosts profitability

ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is strategically shifting towards gas.

27 May 2026 5:22 pm