HPCL Bags Long-Term Contract from OPaL for Supply of Natural Gas
OPaL, a joint venture of ONGC, GAIL and GSPC, requires Natural Gas for operating its own Captive Power Plant (CPP) for supporting its power and steam requirements.
New Delhi: Hindustan Petroleum Corporation Ltd (HPCL) is enhancing its footprints in the Natural Gas market and has secured a major long-term contract from ONGC Petro additions Ltd (OPaL) for the supply of Natural Gas to their Mega Petrochemical Complex at Dahej.
OPaL, a joint venture of ONGC, GAIL and GSPC, requires Natural Gas for operating its own Captive Power Plant (CPP) for supporting its power and steam requirements.
Read Also : Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnelHPCL has won the contract through competitive bidding against a tender floated by OPaL. HPCL will be supplying 13.53 Trillion Btu of Natural Gas to OPaL during the period October 23 to May 26 under this contract.
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HPCL has ambitious plans for Natural Gas business and is focused to build a strong foothold in Petrochemical, Fertilizer and other sectors.
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