Monday, January 18, 2010

HPCL mulls investment of over Rs 20,000 crore for greenfield refinery project in Maharashtra

To overcome the limitations of expanding its existing refinery in Mumbai, state-run Hindustan Petroleum Corporation (HPCL) plans to invest Rs 20,000 crore to set up a greenfield project in Raigad or RRatnagiri districts of Maharashtra, to refine 9-15 mln tpa of crude oil.

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