ONGC Clears ₹50.82 Billion True-Up From Mozambique JV, Flags Key Related Party Deals

Unknown Apr 02, 2026 650 Views

Oil and Natural Gas Corporation Ltd (ONGC) has approved the receipt of a true-up amount of up to ₹50.82 billion from its overseas joint venture partners—Moz HoldCo and UAE HoldCo—linked to its investments in the Mozambique LNG project. The move reflects ONGC’s ongoing efforts to...