Gail's stake in Opal drops since project faces cost overruns and delays

06:46 AM | June 16, 2014 | Natasha Alperowicz

Gail India will cut its equity stake in ONGC Petro-additions' (Opal, Vadodara) world-scale petrochemical project at Dahej, India, from 19.0% to 11.6 %, since the project faces major cost overruns,...