ONGC sees big output jump from next year

ONGC Chairman and Managing Director Sudhir Vasudeva has said that the company will achieve a big jump in production from next year (2013-14). He added that ONGC is poised for a big leap with its Perspective Plan 2030 (PP2030)).  The thrust of PP2030 is to build a portfolio which transforms ONGC to a global energy company.  The entire exercise is focused on strengthening the core and identifying potential opportunities in all the horizontals of the energy business.