Two state oil companies are racing to build oil refineries in India’s northern Rajasthan state. The Rajasthan state government last month approved a 9-million tonnes per year refinery submitted by Hindustan Petroleum Corp Ltd (HPCL) worth Rs 80 billion. (US$1=Rs44). The Board of Infrastructure Development and Investment Promotion (BIDI), chaired by Chief Minister Vasundhara Raje, cleared…
INDIA: HPCL, ONGC in race to build refineries in Rajasthan state
Posted on January 24, 2005 by EnergyAsia