The company has set up a 1.9mmtpa (1.1mmtpa ethylene, 0.4mmtpa propylene and rest is chemicals) petrochemical complex in Dahej, Gujarat. The complex was commissioned in Mar17 and built with a total capex of INR308b (including interest cost of ~INR90b). The plants are running at ~90% utilization rates in an integrated fashion. EBITDA margin for the company stands at ~18-20%, with higher domestic realization. OPaL expects to achieve EBITDA of ~INR15b in FY19, ~INR25b in FY20 (with full utilization), and ~INR35b after (a) the completion of the Hazira-Dahej Naphtha pipeline, (b) the exit from SEZ and (c) the completion of other debottlenecking by FY21. OPaL was created with an intention of producing value products using ONGCs naphtha from Hazira, and ethane, propane and butane from ONGCs extraction plant at Dahej. Dahej complex has a total of eight furnaces, with flexibility of changing feedstock inputs, base design for 60% naphtha and 40% gases.