Slower ramp-up of KG 98/2 due to weather
Management cited rough weather as a cause for slower production ramp-up; further delays could impact production targets.
ONGC / Q1-FY25 / risks
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Windfall tax applicability on KG Basin oil
Analyst raised concern about windfall tax on KG Basin oil; management stated they do not anticipate it currently, but uncertainty remains.
Mozambique project delays
TotalEnergies' Mozambique LNG project faces delays due to elections; OVL's CapEx may increase once force majeure is lifted.
OPaL losses continue
OPaL reported PAT loss of INR 983 crore in Q1 FY25; restructuring awaits government clearance, posing downside risk.