Wednesday, September 17, 2008

Gail led JV at Lapetkata to make the financial closure by November

Gail (India)-led joint venture, the Rs 5,460 crore Lapetkata petrochemical project, will make the financial closure by November. The project at Dibrugarh in Assam, has been configured with a capacity of producing 2,20,000 tpa of ethylene, 60,000 tpa of polypropylene, 55,000 tpa of raw pyrolysis gasoline and 12,500 tpa of fuel oil, and will start production by 2012.

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