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Oil India’s arm incorporates joint venture company

14 Oct 2026 Evaluate

Oil India’s wholly owned subsidiary (WoS) company -- OIL Green Energy (OGEL) has incorporated a joint venture (JV) company namely ‘HIND OIL BIOFUELS’. The JV company has been incorporated for production of Compressed Biogas and by-products and co-products from Municipal Solid Wastes, Generation of Energy from Wastes, Production of Biofuel etc. OGEL holds 50% stake in HIND OIL BIOFUELS.

Oil India is engaged in exploration, development and production of crude oil, natural gas, LPG and condensate and providing services such as pipeline transportation and generation of renewable energy.

Peers
Company Name CMP
ONGC 226.15
Oil India 447.00
Jindal Drilling&Inds 570.65
Deep Industries 754.60
Asian Energy Service 458.40
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