ONGC scripts turnaround of subsidiaries, OPaL reports 1st profitOTPC, in which ONGC holds 50% stake, set up a 726.6 MW gas-based power plant in Tripura. The plant started operation in March 2014.
ONGC may buy out GAIL in OPaLGAIL had in 2008 picked up 19 per cent stake in ONGC Petro-additions Ltd (OPaL), which was then building the mega petrochemical complex at ...
ONGC arm OPal starts exports from Dahej plant to SingaporeThe first consignment of butadiene was shipped to Singapore, and the company wants to export more products benzene, etc. to other countries...
PM Modi dedicates OPaL plant to the nation"It is India's largest petrochemical plant having an investment of Rs 30,000 crore," Modi said on the occasion.
Talks with Kuwait's PIC over petrochemical plant at Dahej remain inconclusive: ONGCPIC, a subsidiary of state-run Kuwait Petroleum Corp (KPC), was in talks to buy at least 26 per cent stake in ONGC Petro-additions Ltd.
Oil and Natural Gas Corporation to commission Dahej petrochem plant by June 2015After the cost overrun, promoter equity contribution is now being pegged at Rs 8,558 crore, resulting in trimming of equity stake of GAIL a...
GAIL cuts stake in OPaL to 15.5 pcGAIL had in 2008-09 picked up 19% stake in ONGC Petro-additions Ltd which is building a mega petrochemical complex at Dahej in Gujarat.
- GAIL in pact with ONGC for buying natural gas
GAIL India Ltd today said it has signed an agreement to buy all natural gas produced by Oil and Natural Gas Corp from its existing and new ...
- Samsung Engineering wins USD 230 mln order from India
Samsung Engineering Co. has said that it has won a USD 230 million order to build a high-density polyethylene (HDPE) plant in western India.
- ONGC may rope in strategic partner for Dahej petrochem unit
State-run Oil and Natural Gas Corp (ONGC) may rope in a strategic partner for its mega petrochemical plant before going for an initial publ...
- OPaL set to award contract projects in the next few months
ONGC Petro Additions Ltd (OPaL) is set to award the next round of multi million contract work in the next six months.
- Japan’s Itochu, Mitsui eye stake in ONGC arm
OIL and Natural Gas Corporation has received formal bids from two big Japanese firms, Itochu and Mitsui & Co, to purchase a 25% stake in ON...
- ONGC in 2nd round talks with 3 for selling 25% stake in OPaL
State-owned ONGC is talking to world's leading chemical firms, including Itochu Corp of Japan and the two UK-based companies -- Ineos and L...
- ONGC arm awards $1.5-b contract to Samsung, German firm
ONGC Petro-addition (OPaL) - a subsidiary of state-owned Oil & Natural Gas Corp (ONGC) - has awarded a $1.5-bn contract for its ethylene pr...
- ONGC unit awards $1.5 bn ethylene project to Samsung Engineering
ONGC Petro-addition Ltd (OPaL) has awarded a $1.5 billion contract for its ethylene project to the consortium of Samsung Engineering of Sou...
- ONGC eyes IPO route for plant
ONGC is considering selling up to 25% of the equity shares in ONGC Petro-additions Ltd, SPV formed for setting up the petrochemical complex...
- ONGC eyes IPO money for petrochem plant
ONGC is looking at an IPO of its subsidiary that is building a Rs 13,600-crore petrochemical plant at Dahej, closer to project completion i...