If all goes well, the world’s leading oil company Saudi Aramco would soon be India’s key strategic partner in Narendra Modi government’s mega project, the West Coast Refinery, worth over Rs 4 lakh crore.
The refinery is to be set up at Raigad in Maharashtra where the state government has initiated a move for the acquisition of around 600 acres of land. The project, expected to be completed within five years, will not only fulfill the country’s future oil requirements, but also make India one of the top global players in the refinery sector.
A senior official in the Petroleum Ministry told IANS that the top management of Saudi Aramco has shown keen interest in forging a strategic alliance with India for the West Coast Refinery, to be built as world’s most advanced oil refinery.
“Union Petroleum Minister Dharmendra Pradhan on September 8 had a fruitful meeting with Prince Abdul Aziz bin Salman, the new Saudi Minister for Energy, in Jeddah in this connection. Read More
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