ONGC's petrochemical project located in a special economic zone (SEZ) in Dahej is anticipating partnering by global players. Global players are expected to acquire an equity stake in ONGC's Rs 150 billion Dahej petrochemicals project. The partnership could encompass sharing of technology for the project and also a 100% buyback agreement.
The petroleum ministry has approved of participation by foreign players, reversing its earlier stand of of Indian partners for the project.
04-Aug-06 
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