ONGC Petro additions Limited (OPaL), a private joint venture company was incorporated in year 2006, by Oil and Natural Gas Corporation (ONGC) and Gujarat State Petroleum Corporation (GSPC), with 26 per cent and 5 per cent stakes respectively. Later, Gas Authority of India Limited (GAIL) also acquired a 19 per cent stake in OPaL.
ONGC promoted Petrochemicals Company inks MoU with Torrent to supply 350-400 MW Power at Dahej
ONGC Petro-additions Limited (OPaL) has entered into a Memorandum of Understanding (MoU) with Gujarat-based Torrent Energy Limited, for supply of bulk power by Torrent to ONGC Petro-additions Ltd. (OPaL).
ONGC Petro-additions Ltd. (OPaL) has been promoted by Oil & Gas major Oil and Natural Gas Corporation Ltd. (ONGC) to set up a Petrochemicals Complex at Dahej in Gujarat. Government of Gujarat has already designated Torrent Power Limited as co-developer for generation & distribution of Power in Dahej SEZ and Torrent Power has incorporated Torrent Energy to implement a 1500 MW LNG/Gas-based power plant.
Torrent Energy will set up a Gas-based power plant at Dahej Special Economic Zone (DSEZ) in first phase of the project to be commissioned by 2011-12. As per the MoU, Torrent will provide OPaL with sustained power supply, in synchronization with OPaL’s planned commissioning of its Petrochemicals Complex.
Company Details
- Employees
- 643
- Founded
- -
- Address
- Ongc Petro Addition Limited, Vadodara,vadodara 390011,india
- Industry
- Oil And Gas
- NAICS
-
Oil and Gas Extraction
- Website
- http://www.opalindia.in
- Keywords
- Petrochemical & Polymer.
- HQ
- vadodara, Vadodara
Opal Questions
Opal's website is http://www.opalindia.in
Opal's LinkedIn profile is https://in.linkedin.com/company/opal_2
Opal has
643 employees.
View email and phone details for 643
employees at Opal.
Opal's industry is
Oil and Gas
Opal's categories are Oil and Gas
Opal's founding year is 2006
