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ONGC royalty burden News

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ONGC royalty burden
22 Jul 2016
ONGC saddled with Rs 392 cr additional royalty, Rs 1,100 cr burden on Oil India
ONGC will have to shell out Rs 392 crore and Oil India Ltd over Rs 1,100 crore after the government ordered them to pay royalty at gross crude oil price and not the net rate they actually realise.






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