BPCL mulls petrochemical JV near Kochi refinery at an investment of upto Rs 5000 crore

Bharat Petroleum Corporation Ltd (BPCL) has proposed to set up petrochemical complex near its Kochi refinery in a joint venture at an investment of about Rs 4,000-5,000 crore, expected to be on stream during 2016. Minister of State for Chemicals and Fertilisers said the project is proposed to be executed through a joint venture with reputed global players, the details of which are being finalised.
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