Indian Oil Corporation (IOC) seems undecided on its role as the 'anchor investor' for the proposed Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) or petrochem hub in Haldia. IOC has been present in Haldia with a refinery, for which it has a distinct expansion plan of Rs 5,000 crore, which will be the PSU's top priority. The PCPIR policy being worked out by the Centre seems vague, and particulars about the finer investor details are yet to emerge.
08-Sep-06 
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