Chennai Petroleum, Indian Oil plan USD3.8-billion refinery including PP plant

TMOSCOW (MRC) -- The Board of directors of Chennai Petroleum Corporation Limited (CPCL) has proposed the implementation of the 9 MMTPA Refinery Project at Cauvery Basin Refinery, Nagapattinam district, to the Board of Indian Oil Corporation Limited (IOCL), said Business-standard.CPCL plans to do this through a joint venture, at an anticipated cost of Rs 28,983 crore. This project encompa

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