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Saurabh Tyagi--Clovek,Advisory

4th Dec · SEBI-Registered Analyst

ONGC
and
PETRONET

ONGC
and
PETRONET
signed a 15-year binding term sheet for ethane unloading, storage, and handling services from 2028 to 2043 with a reserved 600 KTPA capacity at Dahej, Gujarat. The deal is expected to earn PLL ₹5,000 crore in gross revenue and secures ONGC's import capacity for its subsidiary ONGC Petro Additions Ltd, meeting its ethane requirements.

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