Tag Archives | ONGC

Kakinada project in doubt

Will ONGC abide by the findings of a pre-feasibility study which questions the commercial viability of its refinery project at Kakinada in Andhra Pradesh? The project comprises a 15m tonnes/year refinery and a 400,000 tonnes/year polypropylene (PP) facility. The study shows that the project faces poor profitability unless it receives heavy fiscal benefits. This is […]

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ONGC to partner GACL?

It looks like GACL’s ethylene dichloride (EDC) project at Dahej is still alive. The latest news is that GACL is in talks with ONGC to partner the project. ONGC is building a cracker at Dahej and will be in a position to provide ethylene. This makes sense as the only other alternative for GACL would […]

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