Directors at the exploration and production company identify chairman and managing director Subir Raha as the sole author of the ambitious plan.
ONGC recently acquired a 37.4% stake in Mangalore Refineries and Petrochemicals Limited (MRPL) from Bombay's Aditya Birla Group.
MRPL, located in southern India with rated capacity of 9.69 million tonnes per year, has been suffering financial distress because of low capacity utilisation and high debts.
It
