IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

IOCL, BPCL and HPCL ink JV pact for $40 bn West Coast Refinery project

India’s emergence as a global refining hub received a big boost with the three downstream PSU oil majors, Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (BPCL), joining hands to build one of the world’s largest integrated refinery-cum-petrochemicals complexes in Ratnagiri district of Maharashtra.

The joint venture agreement for the West Coast Refinery Project was the three PSUs in the presence of Dharmendra Pradhan, Minister of State, Petroleum & Natural Gas on Wednesday. Read More…

 

 

 

 

Credit By: Business Standard

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