Maharatna Oil PSU, Oil & Natural Gas Corp. increased its stake in ONGC Petro additions Ltd. from 94.57% to 95.69% by investing Rs 10,501 crore in the subsidiary, according to an exchange filing. ONGC ...
The move was made to facilitate the goal for further vertical integration of ONGC to downstream petrochemicals.
ONGC Petro Additions Ltd (OPaL) has a capacity of 1.1 million tonnes per annum (MTPA) of polyethylene, alongside 1,100 KTPA ...
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