Tag: ONGC Expresses Reservation Over Local Steel Procurement Policy

After GAIL, ONGC too has expressed angst at overcharging by domestic steelmakers. The state-run oil and gas major has alleged that domestic firms have quoted prices on ‘the higher side’ in reply to its tenders invited for procurement of regular casing pipes. ONGC flagged the issue in a meeting of the Standing Committee on Domestically…