2.10 (0.89%) Oil and Natural Gas Corporation (ONGC) has reportedly further extended the deadline to accept bids for its 64 small producing fields, to January 17. The deadline has been extended on requests from some potential bidders. The original deadline was December 20, which was extended to January 3.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.