The government on Tuesday said the three state-run oil marketing companies (OMCs) will formalise plans to set up the world’s largest refinery-cum-petrochemicals complex located on the country’s west coast.
The three state-owned OMCs — Indian Oil, Bharat Petroleum Corporation and Hindustan Petroleum Corporation — will sign a joint venture agreement for the creation of the proposed complex on Wednesday.
Last year, the government disclosed that the three OMCs will build a 60 million tonne per annum refinery along with a petrochemicals complex in Maharashtra. Read more
Latest posts by The Hindustan Times (see all)
- Per unit cost of power may go up by 8 paise - July 14, 2018
- Why India is bucking the populist trend by refusing to cut fuel prices - July 13, 2018
- The Bullet Train Project Is Not A Strain On The Railway Resources - July 13, 2018