ONGC's arm OPaL exits from Dahej SEZ, to operate as domestic tariff area unit
With this exit, OPaL will function as a domestic tariff area (DTA) unit as of March 8, 2025.
ONGC's arm OPaL exits from Dahej SEZ, to operate as domestic tariff area unit
The state-owned Oil and Natural Gas Ltd. (ONGC) announced that ONGC Petro Additions Ltd. (OPaL), a subsidiary of ONGC, has been given final authority to leave the Dahej Special Economic Zone (SEZ). On March 7, 2025, the Development Commissioner of Dahej SEZ issued a letter granting permission.
With this exit, OPaL will function as a domestic tariff area (DTA) unit as of March 8, 2025. It is anticipated that the action will increase OPaL's competitiveness by enabling more efficient supply chain operations in the local market.
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Shares of Oil and Natural Gas Corporation Ltd ended at Rs 232.80, up by Rs 0.25, or 0.11%, on the BSE.
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