With the installation of a new government in Madhya Pradesh state, India’s petroleum ministry has renewed its efforts to implement the Rs 65.62 billion refinery project at Bina, according to an Infraline report. (US$1=Rs45). The ministry has asked the state government to give the refinery fiscal incentives in the form of lower local taxes. When…
INDIA: Power shift in MP state may speed up refinery construction
Posted on January 8, 2004 by EnergyAsia