(EnergyAsia, April 22, Tuesday) — The partners for a proposed six-million-tonne per year refinery in India’s Madhya Pradesh state plan to raise Rs29 billion through an initial public offering (IPO). (US$1=Rs39).Bharat Oman Refinery Ltd (BORL) is equally owned by Bharat Petroleum Corporation (BPCL) and Oman Oil Company.The partners plan to go ahead with the IPO…
INDIA: Bina refinery partners plan to raise Rs29 billion in IPO
Posted on April 21, 2008 by EnergyAsia