CNBC-TV18's Anshu Sharma asked oil minister Dharmendra Pradhan about the timeline for the integration of Hindustan Petroleum Corporation (HPCL) and Oil and Natural Gas Corporation (ONGC) now that the Cabinet Committee on Economic Affairs (CCEA) has given the nod. She also asked about what would be the role of the committee in the integration process.
The minister said that ONGC-HPCL integration will be completed in this financial year.
HPCL-ONGC will continue as central public sector undertaking (PSUs), he added.
Watch accompanying video for more details.
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