Monday, March 24, 2008

IOC's plans of petrochemical hub in Nayachar could be derailed

India's largest oil refiner- Indian Oil Corporations' plans to set up a Rs 15,000 crore petrochemical project at Nayachar, West Bengal, could get derailed due to land acquisition problems and environmental concerns. The project was shifted earlier to Nayachar after violence erupted in Nandigram-the original site, over land acquisition.
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