2.10 (0.89%) ONGC Videsh (OVL), the overseas investment arm of Oil and Natural Gas Corporation (ONGC), has won the India Risk Management Award constituted by ICICI Lombard & CNBC-TV18, second time in a row in the category Best Risk Management Framework and Systems - PSU. The award was received on February 6, 2020 in a function held at Mumbai.
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.