ONGC to invest Rs 15,000 crore in ONGC Petro-additions Ltd (OPaL).

The move will see gas utility GAIL being edged out of the petrochemical firm.

ONGC's investment will raise its stake in OPaL to about 95% ONGC's investment will raise its stake in OPaL to about 95%

OPaL is a petrochemical complex located at Dahej in Gujarat.