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 Click on Reports for more