According to an official release, the first phase of the gas-based power plant being set up by Torrent Energy will be commissioned by 2011-12.
According to the MoU, Torrent will provide OPaL with sustained power supply, in synchronisation with OPaL's planned commissioning of its Petrochemicals Complex.
The MoU was signed by ONGC Director for HR and Business Development, A K Balyan, and Markand Bhatt, director of Torrent Power Ltd, the release stated.