New Delhi: Petroleum sector state-owned Oil and Natural Gas Corporation Limited has made a big announcement related to investment. The company announced that it was going to invest Rs 13,000 crore in the fund. ONGC plans to dig more than 220 wells here. ONGC has announced this on Wednesday. ONGC said it would invest more than Rs 13,000 crore to dig more than 220 wells in Assam in the next five years. ONGC has said that it will explore oil and gas through these wells and expand production activities.

The company said in a release that it has signed an MoU with the Assam government to expand its production activities in Assam. In the statement, the company said that it is making this investment to dig more than 220 wells for oil and gas exploration across the state. Oil and Natural Gas Corporation Limited said, "ONGC is emphasizing on increasing its activities keeping in mind the Prime Minister's call to reduce oil imports by 10 percent by 2022 and the North East Hydrocarbon Vision 2030". , A large public sector oil company.

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