Moneycontrol PRO

business

IOC, BPCL, HPCL sign pact to set up USD 40 billion refinery

Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) have signed a joint venture (JV) agreement for west coast refinery & petrochemicals. CNBC-TV18's Anshu Sharma caught up with Sanjiv Singh, CMD of IOC and asked him about the details of this partnership and way going forward.

first published: Jun 15, 2017 08:15 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347