(INFRALINE) — Independent Power Projects (IPPs) and fertiliser companies are likely to face tough times following a 35% jump in naphtha prices over the last six months. Naphtha is used as a feedstock for producing ethylene, propylene and fertilisers, and as a fuel for power generation. Naphtha prices have risen from a low of Rs…
INDIA: Jump in naphtha prices to hit fertiliser companies, power generators
Posted on November 26, 2003 by EnergyAsia