Bhatinda refinery capacity to be doubled in future: L N Mittal
Quotes

Bhatinda refinery capacity to be doubled in future: L N Mittal

Last Updated: Saturday, April 28, 2012, 11:35
 
 Comment 0
 
Bhatinda refinery capacity to be doubled in future: L N Mittal
Bathinda: HPCL Mittal Energy Ltd. may double capacity of its north India refinery, billionaire steel tycoon Lakshmi Niwas Mittal said Saturday.

"We may double the capacity to 360,000 barrels a day," Mittal said at an event where Prime Minister Manmohan Singh formally inaugurated the refinery.

Mumbai-based Hindustan Petroleum Corp. Ltd. (500104.BY) and Singapore's Mittal Energy Investment Pte. Ltd. each have a 49% stake in HPCL-Mittal Energy Ltd., which built the 180,000-barrel-a-day refinery at Bathinda in Punjab province, at a cost of USD 4 billion. Financial institutions hold the remaining 2%.

Dow Jones



First Published: Saturday, April 28, 2012, 11:35


Comments


comments powered by Disqus
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved