Simple newbie question: what libraries or programs i need to start coding and is Borland C++ good for coding Open Gl based engines?

Forget OpenGL for now. You need to concentrate on learning how to program. You need to pick up some good tutorials or books on basic C or C++. Theres a good C tutorials www.opifex.co.uk the coronadi enterprises tutorials.

After you learn how to program the go on to OpenGL Borland C++ works well with OpenGL but Visual C++ will be easier to set up.

You also have "Thinking in C++" available for download. I think the resources of gamedev has a link.