Oil and Natural Gas Corporation (ONGC) has drawn up a ‘Perspective Plan 2030’ to invest Rs.11 lakh-crore over the next 18 years.

Talking to newsmen here on Monday, Chairman and Managing Director Sudhir Vasudeva said the plan envisaged doubling of production over the next 18 years at 4-5 per cent. “The plan also includes a four-fold growth in market capitalisation, and a six-fold growth in production from international operations. All this will require an investment of Rs.11,00,000 crore,” he said.