ONGC Petro-additions Ltd (OPaL), promoted by public sector oil and gas major Oil and Natural Gas Corporation (ONGC), today entered into a memorandum of understanding (MoU) with Ahmedabad-based Torrent Energy for supply of bulk power.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Under the MoU, Torrent will supply 350-400 mw to ONGC-promoted company's Dahej plant. 
</p><p class='TableClas'>As part of the agreement, Torrent Power will supply 350-400 mw to ONGC's upcoming petrochemical complex at Dahej SEZ. It may be mentioned here that OPaL is setting up a petrochemicals complex at Dahej. 
</p><p class='TableClas'>The Gujarat government has designated Torrent Power as a co-developer for generation and distribution of power in Dahej Special Economic Zone (SEZ). Torrent Power has incorporated Torrent Energy to implement a 1,500 mw liquefied natural gas (LNG)-based power plant in Dahej SEZ. 
</p><p class='TableClas'>According to an official release, the first phase of the gas-based power plant being set up by Torrent Energy will be commissioned by 2011-12. 
</p><p class='TableClas'>As per the MoU, Torrent will provide OPaL with sustained power supply, in synchronization with OPaL's planned commissioning of its petrochemicals complex. </P></p></table>


OPaL, Torrent ink power supply agreement

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