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Numaligarh Refinery's future investments: Fraught with risks
Feb 08: What are Numaligarh Refinery Ltd's future plans?
8It has lined up an ambitious investment portfolio
8But the bulk of it has several risk elements involved
8The refinery expansion, from 3 to 9 MMTPA is only viable after a huge capital and excise subsidy which the government seems reluctant to provide
8The bio refinery project is fraught with environmental concerns
8And the Indo-Bangladesh product pipeline also carries political risk should a friendly regime in Dhaka to change into an unfriendly one
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