Friday, November 28, 2008

Mittal to defer investment in proposed Rs 50,000 crore JV refinery project at Vizag

UK-based LN Mittal's company Mittal Energy Investments has decided to put on hold its investment in the proposed 15 mln tpa refinery to be built at an outlay of Rs 50,000 crore at Visakhapatnam, beingg planned by a five-way joint venture involving HPCL, French oil major Total SA, Mittal Energy, Oil India and GAIL (India).

For more details on Mittal to defer investment in proposed Rs 50,000 crore JV refinery project at Vizag click here

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