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INDIA'S BPCL OFFERS HPCL EQUAL STAKE IN BINA REFINERY PROJECT.
NEW DELHI, Aug 2 Asia Pulse - State-run Bharat Petroleum Corp (BSE:BPCL) has offered to take Hindustan Petroleum Corp (BSE:HPCL) as equal partner in the Rs 63.54 billion (US$1.37 billion) Bina refinery in Madhya Pradesh.
"We are willing to offer HPCL equal stake in Bina refinery. We are in dialogue with HPCL but nothing has been finalised as yet," BPCL chairman and managing director S Behuria said.
Of the six million tonne products Bina refinery will produce annually, HPCL has indicated a requirement of 1.4 to 1.6 million tonnes of petrol, diesel, LPG and kerosene for marketing in Madhya Pradesh.
Bina refinery, in which BPCL holds a 51 per cent stake, is slated for completion in the second half of 2008. Oman Oil Company holds about 2 per cent interest in Bharat Oman Refinery Ltd (the ...
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...looking for partners for its upcoming Bina Refinery in Madhya Pradesh. "The groundwork for Bina refinery is going on. We are talking to...told reporters here. BPCL took up Bina Refinery in Madhya Pradesh thorugh its subsidiary Bharat Oman...
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BPCL to commission Bina refinery by 2009-end Mumbai, Dec...delayed Rs 10,000 crore Bina refinery in Madhya Pradesh by end-2009 to push up refining...the 6-million tons a year Bina refinery project. "The refinery will...
- One global oil firm eyeing stake in Bina refinery: Oil secy.
- News wire article from: PTI - The Press Trust of India Ltd. April 11, 2006 700+ words
...global oil firm eyeing stake in Bina refinery: Oil secy New Delhi, Apr...picking up stake in BPCL's Bina refinery in Madhya Pradesh, Petroleum Secretary M S Srinivasan...acquiring a stake in BPCL's Bina refinery," he told reporters when...
- India: Bharat Oman Refinery to raise capacity of Bina refinery.
- News wire article from: TendersInfo October 26, 2009 700+ words
...Refinery Ltd (BORL) has reportedly decided to expand the capacity of the Bina refinery in Madhya Pradesh from the existing six to 9-12 million tpa. The Madhya Pradesh Government has made a decision on 23 October 2009 to allow BORL to use naphtha...
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- News wire article from: TendersInfo November 12, 2009 700+ words
...the sources said. Bina Refinery is being set up by the...in Sagar district of Madhya Pradesh. Built at an estimated...of Rs 10,378 crore, Bina Refinery is the first crude oil refinery in Madhya Pradesh and an expenditure of...
- India : Oman Oil pays 50% premium to up stake in Bina Refinery.
- News wire article from: TendersInfo November 26, 2009 700+ words
...into the Rs 11,397-crore Bina Refinery project of the state-run Bharat...million tonne per annum refinery in Madhya Pradesh was originally conceived through...March More Tags : Oman Oil | Bina Refinery | OOC | BPCL Read Business news...
- Oman Oil ready to pay USD 250 mn for 26 pc in Bina refinery.
- News wire article from: PTI - The Press Trust of India Ltd. May 30, 2009 700+ words
...250 mn for 26 pc in Bina refinery Dehradun, May 30...Petroleum Corp Ltd's Bina refinery project to 26 per cent...refinery at Bina in Madhya Pradesh at a cost of Rs 10...told reporters here. Bina refinery project was originally...
- India : BORL to expand capacity of Bina refinery.
- News wire article from: TendersInfo October 26, 2009 700+ words
Byline: shiv03 The Madhya Pradesh government today said the Bharat...capacity of the much-awaited Bina refinery from the existing 6 million metric...up an SME-based complex near Bina refinery, which is being constructed at...
Source: HighBeam Research, INDIA'S BPCL OFFERS HPCL EQUAL STAKE IN BINA REFINERY PROJECT.