Ministry of Petroleum and Natural Gas (MoPNG) Approves ONGC's ₹10,501 Crore Investment in Oriental Petrochemicals Limited (OPaL).

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The Ministry of Petroleum and Natural Gas (MoPNG) has approved Oil and Natural Gas Corporation's (ONGC) investment of ₹10,501 crore in the Oriental Petrochemicals Limited (OPaL) project. This significant investment aims to enhance OPaL's capacity and improve its production capabilities in the petrochemical sector. The approval is expected to boost the overall growth of the petrochemical industry in India and strengthen ONGC's strategic position in the market. The move aligns with the government's objective to promote industrial expansion and self-reliance in key sectors.


      The investment will enhance OPaL's infrastructure and create new job opportunities in the petrochemical sector.

      ONGC's strategic move aligns with the government’s focus on boosting domestic manufacturing and industrial growth.

     

 

     


About MoPNG,

Secretary : Pankaj Jain
Headquarters: New Delhi
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