ONGC faces ₹1.00 crore environmental compensation; plans appeal
The total environmental compensation of ₹1.00 crore is explicitly stated by the company as 'not considered significant' given the company's large scale of operations.
The company has received environmental compensation notices totaling ₹1.00 crore, but states the impact is not significant and plans to appeal the order, indicating a potential for resolution or reversal.
Oil & Natural Gas Corporation Limited (ONGC) has received notices from the Andhra Pradesh Pollution Control Board (APPCB) regarding environmental compensation for three of its facilities: * Odalarevu (Onshore Terminal), Tatipaka Gas Collecting Station (GCS), and Kesanapalli Group Gathering Station (GGS). * The notices were received on 18 April 2025 for Odalarevu and on 25 April 2025 for Tatipaka GCS and Kesanapalli GGS. * The alleged violations relate to the Effluent Treatment Plant (ETP) outlet values at these facilities, which reportedly did not comply with discharge standards. * The environmental compensation levied is: * ₹36,60,000 (Thirty-Six Lakh and Sixty Thousand) for Odalarevu (violations from 1 August 2024 to 30 November 2024). * ₹27,60,000 (Twenty-Seven Lakh and Sixty Thousand) for Tatipaka GCS and Mini Refinery (violations from 1 June 2024 to 31 August 2024). * ₹36,60,000 (Thirty-Six Lakh and Sixty Thousand) for Kesanapalli GGS (violations from 1 June 2024 to 30 September 2024). * The total compensation amounts to ₹1,00,80,000 (One crore and eighty thousand). * ONGC stated that it will review the order and file an appeal against it to the appropriate appellate authority. The payment has been made under protest.
What to do with a filing like this
Oil & Natural Gas Corporation Limited filed this with the NSE as a statutory disclosure, categorised under regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Oil & Natural Gas Corporation Limited. Read the original for the full detail.