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GSPC Gujarat State Petroleum Corporation, vertically integrated energy company across India and overseas
GSPC has grown from a small oil and gas producing company in Gujarat into a vertically integrated energy company across India and overseas within just a decade. GSPC is rapidly developing a multi-dimensional operational framework that fulfils India's energy needs by exploring, developing and harnessing newer energy sources. It is leading through action towards a hydrocarbon economy in India with sustainable environmental activities, with the vision of becoming 'the Complete Energy Company'. Incorporated in 1979 as a petrochemical company, GSPC has today metamorphosed into a large-scale Rs. 3900 crore energy organization, excelling in a wide gamut of hydrocarbon activities. With the Government of India’s decision to privatize the hydrocarbon sector, GSPC acquired several discovered fields in the first and second rounds of bidding process initiated by the Government of India during 1994 and 1995. In 1997, the Government announced the New Exploration Licensing Policy (NELP) to facilitate huge investments in the hydrocarbon sector, specifically exploration activities.
GSPC Gujarat State Petroleum Corporation Company Tags: GSPC Gujarat State Petroleum Corporation Gandhinagar, India, oil, gas, refining, petroleum, india, mumbai
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