ONGC rises on commissioning gas evacuation facilities at Khoraghat GGS-1 in Assam
Oil & Natural Gas Corporation is currently trading at Rs. 240.20, up by 0.85 points or 0.36% from its previous closing of Rs. 239.35 on the BSE.
The scrip opened at Rs. 241.35 and has touched a high and low of Rs. 241.95 and Rs. 239.85 respectively. So far 101047 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 307.50 on 29-Apr-2026 and a 52 week low of Rs. 227.60 on 30-Jun-2026.
Last one week high and low of the scrip stood at Rs. 241.95 and Rs. 235.20 respectively. The current market cap of the company is Rs. 302241.21 crore.
The promoters holding in the company stood at 58.89%, while Institutions and Non-Institutions held 37.62% and 3.50% respectively.
Oil and Natural Gas Corporation (ONGC) has successfully commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat district, Assam. The facility enables surplus associated natural gas from the Upper Assam Shelf to be processed and evacuated through the North East Gas Grid (NEGG) developed by Indradhanush Gas Grid (IGGL). The development complements the commissioning of the Dergaon-Dimapur Pipeline, which has connected Nagaland to the North East Gas Grid and the National Gas Grid. The new connectivity will facilitate utilisation of nearly 1 lakh Standard Cubic Metres (SCM) of gas per day from the company’s Jorhat asset.
The company is also developing hook-up facilities at Jantapathar and Kasomarigaon to connect additional producing fields of Jorhat Asset with the North East Gas Grid. These projects will further augment gas availability, reduce flaring and strengthen the gas-based economy of the region.
The improved gas availability will also create opportunities for households, industry, transport and power, while supporting the economic and infrastructure development of Assam and the wider North-East. Together, the infrastructure strengthens gas connectivity across the region and advances the vision of developing the North-East as a key growth engine of India and a more integrated gas-based economy.
