ONGC approves joint venture with MRPL, OPaL focussed on petrochemicals marketing

1 month ago 1

ARTICLE AD BOX

ONGC would clasp 50% involvement successful the JV, with the remainder arsenic divided betwixt MRPL and OPaL.

Published - April 27, 2026 10:29 p.m. IST

Image utilized for representational purposes. File | Photo Credit: Reuters

Seeking to fortify their petrochemical business, state-owned explorer ONGC approved the enactment of a associated task institution with subsidiaries Mangalore Refinery Pvt Ltd (MRPL) and ONGC Petro additions Ltd (OPaL), integrating petrochemical selling part of the companies, it informed bourses connected Monday (April 27, 2026).

ONGC would clasp 50% involvement successful the associated venture, with remainder being arsenic divided among the 2 subsidiaries.

Published - April 27, 2026 10:29 p.m. IST

Read Entire Article