BPCL MAY OFFER 26 PC STAKE IN JV

Article Abstract:

Bharat Petroleum Corporation Ltd (BPCL) plans to give a 26 percent stake to its joint venture partner in its proposed Rs7100 crore petrochemicals project. BPCL will hold 26 percent while 48 percent will be offered to the public and financial institutions. The project is expected to commence operations by 2004-05 AD and will have a debt:equity ratio of 1.5:1. The project is to be set up at a coastal location in Tamil Nadu and will have a cracker with a capacity of 5 lakh tonnes per annum of ethylene. (khr)

Comment:

Plans to give 26% stake to joint venture partner in proposed Rs7100 crore petrochemicals project

Joint ventures, Petrochemical Manufacturing, Petrochemicals, Bharat Petroleum Corporation Ltd.

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GAIL PLANS HAZIRA-VIJAIPUR PIPELINE

Article Abstract:

Gas Authority of India td is thinking of setting up a new trunk transmission pipeline from Hazira to Vijaipur at a cost of Rs3,500 crore. This project is to cater to customers in the western region and may benefit power companies like Gujarat Torrent and National Thermal Power Corporation and fertiliser companies like Iffco and Indo-Gulf Fertilisers. The pipeline will also be able to handle any additional gas produced by the Reliance Enron consortium at the Tapti fields. (khr)

Comment:

Thinks of setting up new trunk transmission pipeline from Hazira to Vijaipur at cost of Rs3,500 crore

Facilities & equipment, Natural Gas Distribution, Gas Transmission, Natural gas transmission, Gas Authority of India Ltd.

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