ONGC Videsh Plans Bond Issuance in Jan-Mar, Say Bankers
OIL & GAS

ONGC Videsh Plans Bond Issuance in Jan-Mar, Say Bankers

ONGC Videsh, a wholly-owned subsidiary, is reportedly planning to issue bonds during the January-March period, according to bankers. The move indicates the company's strategic approach to raising capital through the issuance of bonds, offering a financial avenue to support its operations and initiatives.

The decision aligns with a broader trend of companies exploring diverse financing options in the evolving economic landscape. ONGC Videsh's bond issuance is likely to attract attention from investors and financial markets, providing insights into the energy sector's funding strategies.

As ONGC Videsh moves forward with its plans, the bond issuance could play a crucial role in meeting the company's financial requirements and furthering its exploration and production activities. The development reflects the adaptability of energy companies in India to navigate financial markets and optimise their capital structure for sustainable growth.

ONGC Videsh, a wholly-owned subsidiary, is reportedly planning to issue bonds during the January-March period, according to bankers. The move indicates the company's strategic approach to raising capital through the issuance of bonds, offering a financial avenue to support its operations and initiatives. The decision aligns with a broader trend of companies exploring diverse financing options in the evolving economic landscape. ONGC Videsh's bond issuance is likely to attract attention from investors and financial markets, providing insights into the energy sector's funding strategies. As ONGC Videsh moves forward with its plans, the bond issuance could play a crucial role in meeting the company's financial requirements and furthering its exploration and production activities. The development reflects the adaptability of energy companies in India to navigate financial markets and optimise their capital structure for sustainable growth.

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?