New Delhi: State-owned ONGC plans to invest about Rs 1 lakh crore to set up two petrochemical plants to convert crude oil directly into high-value chemical products as it prepares for an energy transition.
“We have plans to invest Rs 1,00,000 crore by 2028 or 2030 in two projects in two separate states,” said D. Adhikari, executive director and chief of joint ventures & business development, ONGC, on the investor call.
