INFRASTRUCTURE
ONGC, MRPL JV With OPaL To Integrate Petrochem Marketing
The board of Oil and Natural Gas Corporation Ltd (ONGC), a public sector enterprise, has approved the formation of a joint venture company (JVC) with its subsidiaries Mangalore Refinery and Petrochemicals Ltd (MRPL) and ONGC Petro additions Ltd (OPaL) to integrate petrochemicals marketing across group entities. The proposed JV will have a shareholding structure of […]
CW Bureau
·
Apr 27, 2026
INFRASTRUCTURE
HPCL Rajasthan Pachpadra Refinery Project Cost Revised To ₹79,459 Cr
Ministry of Petroleum and Natural Gas has approved the revision in the project cost of HPCL Rajasthan Refinery Limited (HRRL) for the Pachpadra refinery-cum-petrochemical complex in Rajasthan, from ₹43,129 crore to ₹79,459 crore. Hindustan Petroleum Corporation Ltd (HPCL) is setting up the 9 million tonnes per annum (MTPA) joint venture project, which includes 2.4 MTPA […]
CW Bureau
·
Apr 18, 2026
MANUFACTURING
Tamilnadu Petro, Kirloskar Ferrous Hit By ME-linked Supply Disruptions
Ashwin Muthiah-led Tamilnadu Petroproducts Ltd (TPL) has temporarily shut down its Heavy Chemicals Division plant due to the ongoing geopolitical tensions in the Middle East. TPL, in a regulatory filing, said the disruption constitutes a force majeure event as it is beyond its control, adding that the financial impact cannot be quantified at this stage. […]
CW Bureau
·
Mar 18, 2026
MANUFACTURING
Tamilnadu Petroproducts Revises LAB Cost, HCD Expansion By ₹78 Cr
Ashwin Muthiah-led Tamilnadu Petroproducts Ltd (TPL) has revised the project cost for expanding its Linear Alkyl Benzene (LAB) plant and Heavy Chemicals Division (HCD) plant by ₹78 crore due to cost escalation. In a regulatory filing, the company said the cost of expanding the LAB plant has been revised to ₹365 crore from ₹310 crore, […]
CW Bureau
·
Mar 11, 2026
