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Government approves additional investment in OPaL by ONGC and assured feedstock supply paving way for sustainability of OpaL

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Mumbai, 10th August 2024: The Government of India has approved the ONGC proposal for additional investment totaling Rs.18,365 Crores resulting in an increase in ONGC’s stake in ONGC Petro-additions Limited (OPaL) from 49.36% to 95.69%. This significant move paves the way for capital restructuring leading to the operational and financial sustainability of OPaL. OPaL, situated […]

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