The company was incorporated on 29th September, 1988 as a Public
 Limited company and Certificate of Commencement of business was
 obtained on 4th January, 1989. The immediate object of the company is
 to undertake a project for the laying of two cross country pipelines
 from Bharat Petroleum Corporation Ltd.'s (BPCL) Refinery at Chembur
 in Bombay, Maharashtra to Reliance Industries Limited (RIL)
 Petrochemicals complex at Patalganga also in Maharashtra to transport
 petroleum feedstock from BPCL for the exclusive use of RIL.
   
 The pipelines would be owned, maintained and operated by the company
 under an agreement entered into with RELIANCE Industries Limited
 (RIL). The pipelines would be used for transport of their petroleum
 feedstock.
 
 At a later stage subject to necessary approvals, the company also
 proposes to undertake similar projects of creating infrastructure to
 service industries.
 
 BACKGROUND OF PROMOTERS
 The company has been promoted by Shri Satyapal Jain and associates.
 Shri Satypal Jain has over 12 years of experience in the iron and
 steel industry besides transport business. He is at present the
 Managing Director of Comet Steels Limited and a Director on the Board
 of Sipta Coated Steels Ltd.