Last Updated :
28 July 2008 at 19:10 IST
ONGC to foray into uranium mining
In the wake of Indo US nuclear deal, ONGC is looking to foray into uranium mining in a view of great potential in that field.
ONGC board has approved entering into a Memorandum of Understanding with Uranium Corporation of India Ltd (UCIL), for exploration and exploitation of uranium, the official said.
This collaboration with UCIL is to leverage ONGC's expertise in exploration of hydrocarbons to commercially exploit this vital and strategic mineral, he added.
Currently, ONGC is passively studying the prospects through ONGC Energy Center (OEC) by studying the logs of existing wealth.
MCX ZINC 30 April 2012
contract was trading at
Rs 101.9 . What's your view on it?
After reading this article, people also read:
