Monday, October 7, 2013

Indian Oil sole bidder for Haldia Petrochemicals

New Delhi: In a surprise move, state-owned Indian Oil Corp (IOC) today emerged as the sole bidder for the West Bengal government’s stake in Haldia Petrochemicals Ltd (HPL), with an offer of less than Rs 3,000 crore. Reliance Industries Ltd (RIL), which had been considered the strongest contender, had not put in a bid by the noon deadline, sources privy to the development said.

Read more at: http://www.firstpost.com/fwire/indian-oil-sole-bidder-for-haldia-petrochemicals-1157609.html?utm_source=ref_articleHaldia Petrochemicals. Image courtesy Haldia Petrochemicals
New Delhi: In a surprise move, state-owned Indian Oil Corp (IOC) today emerged as the sole bidder for the West Bengal government’s stake in Haldia Petrochemicals Ltd (HPL), with an offer of less than Rs 3,000 crore. Reliance Industries Ltd (RIL), which had been considered the strongest contender, had not put in a bid by the noon deadline, sources privy to the development said.

Read more at: http://www.firstpost.com/fwire/indian-oil-sole-bidder-for-haldia-petrochemicals-1157609.html?utm_source=ref_article
New Delhi: In a surprise move, state-owned Indian Oil Corp (IOC) today emerged as the sole bidder for the West Bengal government’s stake in Haldia Petrochemicals Ltd (HPL), with an offer of less than Rs 3,000 crore. Reliance Industries Ltd (RIL), which had been considered the strongest contender, had not put in a bid by the noon deadline, sources privy to the development said.

Read more at: http://www.firstpost.com/fwire/indian-oil-sole-bidder-for-haldia-petrochemicals-1157609.html?utm_source=ref_article

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