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MARKET CAP (RS CR) 0
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News & Announcements

25-Jan-2024

ONGC Petro Additions reports standalone net loss of Rs 1153.11 crore in the December 2023 quarter

24-Nov-2023

ONGC Petro Additions reports standalone net loss of Rs 693.70 crore in the September 2023 quarter

16-Aug-2023

ONGC Petro Additions reports standalone net loss of Rs 908.42 crore in the June 2023 quarter

26-Jun-2023

ONGC Petro Additions reports standalone net loss of Rs 1862.92 crore in the March 2023 quarter

No Data Found For News.

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Peers Comparsion

Select Company Name BSE Code NSE Symbol
Agarwal Industrial Corporation Ltd 531921 AGARIND
Alfa Export Technologies (India) Ltd (Wound-up) 531181
Assam Petrochemicals Ltd 506267
Bhansali Engineering Polymers Ltd 500052 BEPL
Cochin Refineries Balmer Lawrie Ltd (Merged) 524707 COREFBAMLA
DCW Ltd 500117 DCW
Goa Carbon Ltd 509567 GOACARBON
Gujarat Binil Chemicals Ltd 506923
Hemi Petro Products Ltd 524800
Hindustan Fluoro Carbons Ltd 524013
Hindustan Nitro Products Gujarat Ltd 524544 HINDNITRO
Indian Petrochemicals Corporation Ltd(merged) 500105 IPCL
Kothari Petrochemicals Ltd 532096 KOTHARIPET
Manali Petrochemicals Ltd 500268 MANALIPETC
Narmada Chematur Petrochemicals Ltd(merged) 524650 NARMDCHEMA
Panama Petrochem Ltd 524820 PANAMAPET
Pearl Engineering Polymers Ltd 526562 PEPL
Polychem Ltd 506605 POLYCHEM
R S Petrochemicals Ltd 524691
Rajasthan Polymers & Resins Ltd (Merged) 514382 RAJASPOLY
Rajprakash Chemicals Ltd 506614
Reliance Polyethylene Ltd (Merged) 524298
Reliance Polypropylene Ltd (Merged) 523070
Savita Oil Technologies Ltd 524667 SOTL
Sen Pet (India) Ltd 532060
South Asian Petrochem Ltd(merged) 532452 SAPL
Spic Organics Ltd (Merged) 524142 UBPETRO
SPL Polymers Ltd(merged) 524364
SPL Technochem Ltd 508978
Styrenix Performance Materials Ltd 506222 STYRENIX
Supreme Petrochem Ltd 500405 SPLPETRO
Swastik Nitro Aromatics Ltd 524376
Unimers India Ltd 524264
Ventron Polymers Ltd 531459

Share Holding

Category No. of shares Percentage
Total Foreign
Total Institutions
Total Govt Holding
Total Non Promoter Corporate Holding
Total Promoters
Total Public & others 0 0
Total
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About

ONGC Petro additions Limited (OPaL), a multibillion joint venture company was incorporated in 2006. OPaL is promoted by Oil and Natural Gas Corporation (ONGC) and co-promoted by GAIL and GSPC. OPaL has set up a grass root mega Petrochemical complex at Dahej, Gujarat in PCPIR/SEZ (Petroleum, Chemicals and Petrochemicals Investment Region/Special Economic Zone). The complex's main Dual Feed Cracker Unit has the capacity to produce 1100 KTPA Ethylene, 400 KTPA Propylene and the Associated Units consists of Pyrolysis Gasoline Hydrogenation Unit, Butadiene Extraction Unit and Benzene Extraction Unit. The Polymer plants of OPaL has 2X360 KTPA of LLDPE/HDPE Swing unit, 1X340 KTPA of Dedicated HDPE and 1x340 KTPA of PP. The project commenced its production after the inauguration by Hon'ble Prime Minister Shri Narendra Modi in March 2017. The mega petrochemical complex is tactically located in the port-city of Dahej, Gujarat giving it a competitive edge of connectivity to domestic as well as overseas market. Equipped with adequate indigenous feedstock supplies, world-class technologies, talented human resources, and above all, easy access to the growing domestic & international market, OPaL is powering ahead in the fast-evolving petrochemical landscape. The demand for polymers in India is huge and is expected to further rise with the growth in GDP. India will continue to be in deficit of Polyethylene in the foreseeable future. Moreover, this also works as a perfect downstream integration for ONGC - the key promoter who supply the required feedstock Naphtha from its Hazira, Uran and Dahej facilities, which is essential to run the plant in full capacity. Apart from the home turf, being in SEZ, OPaL markets substantial part of its produce in the international market and has spread its polymer footprint across the globe with its world-class products and services. To achieve this, OPaL makes effective use of technologies, while being sensitive towards the environment at all times. Using the state-of-art technologies from the finest and most renowned companies, OPaL facility is considered to be among the best in the world Driven by innovation, OPaL intend to build a world class petrochemical enterprise unlocking potential of its people and offer differentiated products and services.

Chairman Speech

Company History

ONGC Petro additions Limited (OPaL), a multibillion joint venture company was incorporated in 2006. OPaL is promoted by Oil and Natural Gas Corporation (ONGC) and co-promoted by GAIL and GSPC. OPaL has set up a grass root mega Petrochemical complex at Dahej, Gujarat in PCPIR/SEZ (Petroleum, Chemicals and Petrochemicals Investment Region/Special Economic Zone). The complex's main Dual Feed Cracker Unit has the capacity to produce 1100 KTPA Ethylene, 400 KTPA Propylene and the Associated Units consists of Pyrolysis Gasoline Hydrogenation Unit, Butadiene Extraction Unit and Benzene Extraction Unit. The Polymer plants of OPaL has 2X360 KTPA of LLDPE/HDPE Swing unit, 1X340 KTPA of Dedicated HDPE and 1x340 KTPA of PP. The project commenced its production after the inauguration by Hon'ble Prime Minister Shri Narendra Modi in March 2017. The mega petrochemical complex is tactically located in the port-city of Dahej, Gujarat giving it a competitive edge of connectivity to domestic as well as overseas market. Equipped with adequate indigenous feedstock supplies, world-class technologies, talented human resources, and above all, easy access to the growing domestic & international market, OPaL is powering ahead in the fast-evolving petrochemical landscape. The demand for polymers in India is huge and is expected to further rise with the growth in GDP. India will continue to be in deficit of Polyethylene in the foreseeable future. Moreover, this also works as a perfect downstream integration for ONGC - the key promoter who supply the required feedstock Naphtha from its Hazira, Uran and Dahej facilities, which is essential to run the plant in full capacity. Apart from the home turf, being in SEZ, OPaL markets substantial part of its produce in the international market and has spread its polymer footprint across the globe with its world-class products and services. To achieve this, OPaL makes effective use of technologies, while being sensitive towards the environment at all times. Using the state-of-art technologies from the finest and most renowned companies, OPaL facility is considered to be among the best in the world Driven by innovation, OPaL intend to build a world class petrochemical enterprise unlocking potential of its people and offer differentiated products and services.

Directors Reports

Company Background

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Company Management

Director NameDirector DesignationYear
MUKUND MANOHAR CHITALEDirector2018
MAHESH BEHARI LALDirector2018
PRAFULLA KUMAR GUPTADirector2018
BALA CHANDRAN SRINIVASANDirector2018
SUBODH PRASAD PANKAJCompany Secretary2018
SHASHI SHANKERAdditional Director2018
TRINATH BEHERAChief Financial Officer2018
AVINASH JOSHIManaging Director2018
SANJIB DATTADirector2018

Listing Information

Finished Product

Product NameUnit Installed
Capacity		 Production
Quantity		Sales
Quantity		Sales
Value
Sales NA 0009738.72

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