Elpro International has acquired equity shares of Oil and Natural Gas Corporation (ONGC). It is Fresh Acquisition of 4,65,520 Equity Shares for Rs 9.69 crore. ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production.
Elpro International is the only one outside the United States to manufacture surge arresters and zinc oxide discs with GE technology, acknowledged to be the best in the world.