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ONGC Best in Operational Performance: ICC PSE Excellence Awards 2018

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By OUR STAFF REPORTER

New Delhi, 29 Aug: Oil and Natural Gas Corporation (ONGC) Limited has been adjudged the Best in ‘Operational Performance Excellence’ in the Maharatna & Navaratna category, as per the Indian Chamber of Commerce PSE Excellence Awards for 2018. The awards were judged by an independent and distinguished jury, based on quantifiable parameters applied on detailed analysis of Price Waterhouse Coopers (PwC).
ONGC was also adjudged the runner-up in ‘Corporate Social Responsibility (CSR) & Sustainability’ in the same category. The awards were handed over during the 9th PSE Excellence Awards 2018, here, today.
The PSE Excellence Awards is an initiative by Indian Chamber of Commerce (ICC) to acknowledge the game changers among public enterprises who have contributed immensely in shaping up the Indian economy. It is a platform to celebrate the performance of PSUs.
The independent and distinguished Jury comprised former Secretary (DPE), Jury Chair, ICC Dr Bhaskar Chatterjee; Advisor (Coal), Ministry of Coal, Government of India, Alok Perti; Associate Director, KPMG, Deepa Gupta; former Chairman and Managing Director, ONGC, RS Sharma; Dr Kohli, former Adviser, Planning Commission; former CMD, Power Finance Corporation, Dr Uddesh Kohli; Director General, International Management Institute, Dr Pritam Singh; former Chairman, Indian Oil Corporation, MA Pathan; former Chairman and Managing Director, HPCL, HL Zutshi; and President and Chief Operating Officer, HCL, JV Ramamurthy
Recently, ONGC had bagged four Awards in the Maharatna category in the Dun & Bradstreet (DNB) PSU Awards 2019 on 22 August – Best in Mining and Exploration (Crude Oil), Best Maharatna in Mining and Exploration, Best in Corporate Social Responsibility (CSR) Initiatives and Best in Swachh Bharat Initiatives. ONGC had also been recently conferred with the Golden Peacock Environment Management Award 2019 on 23 August.