PM Modi Dedicates India’s Largest Petrochem Plant By OPaL To The Nation

OPaL, a joint venture company promoted by ONGC, GAIL, and GSPC, is the single largest petrochemical plant in the country that has a capacity to produce 14 lakh tonnes of polymers and 5 lakh tonnes of chemicals such as benzene annually.

PM Modi Dedicates India’s Largest Petrochem Plant By OPaL To The Nation

India’s largest petrochemical plant, built by ONGC Petro Additions Ltd (OPaL) at a cost of Rs 30,000 crore, at Dahej Special Economic Zone (SEZ) was dedicated to the nation by Prime Minister Narendra Modi on Tuesday.

GAIL reports 46% Q3 profit at Rs 983 crores

The company's net profit for the first nine months of the current fiscal saw a 133% increase over the corresponding period last year, with the PAT increasing to Rs 3,243 crore from Rs.1,394 crore.

GAIL reports 46% Q3 profit at Rs 983 crores

State-owned gas utility GAIL India Ltd today reported 46 per cent rise in its third quarter net profit on back of turnaround in petrochemical business.

By 2022, our oil import will fall by 5%: Dharmendra Pradhan, Oil Minister

By 2022, our oil import will fall by 5%: Dharmendra Pradhan, Oil Minister

India is close to converting its commercial association with Middle East oil suppliers into a strategic relationship in which India will hold stakes in oilfields in the region for the first time ever, while Gulf companies can invest in oil infrastructure, refineries and petrochemicals, helping Indian consumers by increasing competition in the market, oil minister Dharmendra […]