Chennai Petroleum board approves JV with IOC, seed equity investors for Rs 31,500 cr refinery - Moneycontrol


8/23/2022 12:00:00 AM2 years 8 months ago
by Aparna Banerjea

Further, the board also approved equity investment of up to Rs 2,570 crore by Chennai Petroleum in the joint venture

Chennai Petroleum (CPCL) said on August 23 that its board has approved a joint venture with its parent company Indian Oil Corporation, and other seed equity investors for building the 9 MTPA refinery… [+1016 chars]

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