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OPaL plans to raise up to Rs 1,000 crore via 5-year bonds on Tuesday
The issuance is backed by an unconditional and irrevocable corporate guarantee from ONGC
ONGC planning to invest Rs 1 trillion to expand production capacity: Report
The expansion plans will be implemented by ONGC's joint venture ONGC Petro additions Ltd (OPaL) and its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL)
US, Japanese, Middle Eastern firms interested in OPaL stake, says ONGC
ONGC is now looking at restructuring the equity of OPaL and is exploring the option of roping in a foreign partner
OPaL closes in on commissioning of Dahej units by procuring feedstocks
The company recently procured propylene and naphtha, which are the principal feedstock for the two upcoming units