The economic downturn has forced Indian Oil Corporation (IOC) to shelve plans of a 15 mln ton refinery at Haldia. In September 2006, IOC had signed a memorandum of agreement (MoA) with the West Bengall government to develop Haldia as a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR).
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Thursday, June 04, 2009
Economic downturn causes IOC to shelve plans of 15 mln ton refinery at Haldia
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