ONGC's KG oil, gas project delayed; nation bleeds precious forex

At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 due to the delayed output of oil and gas, government officials said.

via Economictimes