Oil PSUs achieve 84% of capex target in first 9 months of FY24
ONGC has spent '24,500 crore, or about 80% of its annual target. ONGC's overseas arm ONGC Videsh has spent '2,400 crore, three-fourths of the annual budget. HPCL has spent '9,500 crore, nearly exhausting its annual budget of '10,000 crore as the greenfield refinery being built in Barmer, Rajasthan absorbs a lot of capital.
Source: indiatimes.com