Oil PSUs likely to contribute Rs 200 crore for Statue of Unity project

Gandhinagar: According to a report in Indian Express, oil and gas PSUs will through their Corporate Social Responsibility(CSR) funds collectively contribute at least Rs 200 crore for the Statue of Unity, the 182-metre-tall statue of Sardar Vallabhbhai Patel which is being installed at the Sadhu Bet island, 3.5 km south of the Sardar Sarovar Dam at Kevadia in Narmada district of Central Gujarat. While Oil & Natural Gas Corporation (ONGC) and Indian Oil Corporation (IOC) will contribute Rs 50 crore each, other profit-making public sector undertakings (PSUs) will contribute Rs 25 crore each. 14 state-run Gujarat companies had extended Rs 104.88 crore as financial support for the project. Among them, top donors include Gujarat Industrial Development Corporation (Rs 17 crore); Gujarat State Financial Services Ltd (Rs 15.88 crore); Gujarat Mineral Development Corporation (Rs 15 crore); Gujarat State Fertilizers and Chemicals Limited and Sardar Sarovar Narmada Nigam Limited (Rs 10 crore each).