Profit

Chennai Petroleum puts Ennore refinery on hold

PUBLISHED ON: April 16, 2010 | Duration: 2 min, 15 sec

  
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Chennai Petroleum Corp Ltd (CPCL), a unit of Indian Oil Corp, has put its plan of setting up a refinery at Ennore on hold because of environmental issues and is instead mulling investing Rs 10,000 crore on expanding the existing unit.
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