Nayara Energy to spend Rs 2.10 lakh crore in refinery expansion-III: Rs 700,000 crore of downstream investments in the next 5 years?
Between the Ratnagiri refinery, the Essar expansion and assorted other expansions, investments worth a massive Rs 700,000 crore is envisaged in the coming five years. 8By any global yardstick, this is a massive volume of expansion. 8All global refinery and petrochemical equipment suppliers are present in India and this presents the best opportunity ever for a continued bull run for them. 8What makes India an attractive destination? 8How does the demand and supply outlook pan out for India and why is such a massive expansion of capacity needed Click on Reports to know more