ONGC to invest ₹4k cr on coal bed methane blocks
State-owned Oil and Natural Gas Corporation (ONGC) has decided to invest ₹4,000 crore on developing four of its coal bed methane (CBM) gas blocks. Two of the four blocks – in Bokaro and North Karanpura, in Jharkhand – are expected to start production by the second half of the next financial year, a senior ONGC official said.