2006 - 50 Years of ONGC | Commemorative Coin

The 3rd commemorative coin for the year 2006 was released to celebrate 50 years of Oil and Natural Gas Corporation Limited (ONGC).

Oil and Natural Gas Corporation Limited (ONGC) stands as a prominent Indian multinational in the oil and gas industry. Established on August 14, 1956, through the amalgamation of various Indian oil companies, ONGC operates under the jurisdiction of the Ministry of Petroleum and Natural Gas, a key player in the public sector. Headquartered in Dehradun, Uttarakhand, ONGC has earned its place as one of the world's leading exploration and production (E&P) entities, engaged in the comprehensive spectrum of activities, from exploration and drilling to the refining and marketing of oil and natural gas.

ONGC's significance extends globally, with strategic ventures and exploration initiatives reaching beyond India's borders. The company's operations span the entire energy value chain, with a particular focus on meeting India's ever-growing energy requirements. As a publicly listed company, ONGC trades on the Indian stock exchanges, contributing significantly to the nation's economic landscape.

With subsidiaries like ONGC Videsh Limited (OVL), dedicated to international exploration and production, ONGC embraces technological advancements in its endeavors. The company's commitment to social responsibility is evident through its engagement in various initiatives, focusing on education, healthcare, and community development.

ONGC continues to play a pivotal role in shaping India's energy sector, emphasizing sustainable growth and contributing indispensably to the nation's energy security.

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