Maharashtra set to lose out on mega refinery, talks on with Gujarat & Andhra
The Indian government is in talks with Saudi Arabia to build two oil refineries, one in Gujarat and another in Andhra Pradesh. Each refinery will have a capacity of 10-15 million tonnes annually. This comes as the planned mega-refinery in Ratnagiri, Maharashtra faces challenges. The projects are part of discussions to boost Saudi investment in India.
The Indian government is in talks with Saudi Arabia to build two oil refineries, one in Gujarat and another in Andhra Pradesh. Each refinery will have a capacity of 10-15 million tonnes annually. This comes as the planned mega-refinery in Ratnagiri, Maharashtra faces challenges. The projects are part of discussions to boost Saudi investment in India.
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