
ONGC’s equity infusion in OPaL gets nod
NEW DELHI: State-run ONGC will make an additional equity infusion of Rs 18,365 crore in OPaL (ONGC Petro-additions) for raising its stake in the petrochemicals company as part of a capital restructuring plan for bringing about operational and financial sustainability.A statement on Friday said the govt has cleared the plan, which will see ONGC’s stake…