Thursday, May 08, 2008

RIL and Essar Oil evince interest in ONGC proposed Rs 26500 crore refinery at Kakinada

After UK based Hinduja group, Reliance Industries (RIL) and Essar Oil have evinced interest in Oil and Natural Gas Corporation's (ONGC) proposed Rs 26,500-crore refinery at Kakinada, Andhra Pradesh. RRIL and Essar are evaluating stake purchase in the Kakinada refinery.

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