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Oil India incorporates JV Company in Assam

25 Nov 2019 Evaluate

Oil India, Assam Gas Company and GAIL Gas have incorporated a Joint Venture (JV) Company in the Name of ‘Purba Bharati Gas’ on November 19, 2019 having its registered office at Guwahati, Assam.

The JV is for development of City Gas Distribution Network in Kamrup & Kamrup Metropolitan (Guwahati) and Cachar, Hailakandi & Karimganj districts in Assam.

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 225.95
Oil India 449.80
Jindal Drilling&Inds 501.20
Deep Industries 674.50
Asian Energy Service 421.00
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