Achieving energy self-sufficiency is an important step towards securing true “economic freedom”, Union Minister of Petroleum and Natural Gas M Veerappa Moily said.
After inaugurating the group gathering station of the Assam renewal project of Oil and Natural Gas Corp (ONGC) recently, the minister lauded the efforts of ONGC, Oil India Ltd and other public sector energy companies in helping India head towards energy self-sufficiency.
He hoped that India will become an energy self-sufficient country by 2030. At present, the country is importing more than 70 per cent of its energy requirements.
S. Vasudeva, ONGC Chairman and Managing Director, said this was the first of many projects planned by ONGC in an ambitious plan to revamp and modernise the company’s infrastructure.
P.V. Krishna Reddy, Managing Director, Megha Engineering and Infrastructure Ltd (MEIL), highlighted its features such as advanced flare system, high pressure gas lift system and the control system installed in this project.
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