Haldia Petrochemicals

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

To set up 3 units in TN, Andhra, Odisha; TCG also considering strategic partner

Haldia Petrochemicals (HPL) has agreed to pay Rs 600 crore to revive NOCL

Haldia Petro is planning to invest around Rs 50,000 cr to convert this refinery into a petrochemical complex

Lummus is a master licensor of proprietary technologies in refining, petrochemicals, gas processing and coal gasification sectors, and a supplier of proprietary catalysts, equipment and related engine

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Ind-Ra said it has considered the standalone profile of HPL and has not consolidated the debt of 1.5 billion dollars taken at the asset level (Lummus) as the debt has been taken without recourse

Not all investment intents of Make in Odisha 2018 translated into commitments; several projects stuck in 'labyrinth of approvals'

Company plans to move some units to the state from neighbouring countries

HPL has already shut down its plants to extinguish the fire completely and the flow of naphtha has been cut

The fire broke out at the company's Haldia plant in West Bengal on Friday, leaving at least 15 people injured

Big ticket projects in Odisha have been hit by land acquisition woes; ArcelorMittal had to mothball its 12-mn-tonne steel mill in 2013 largely due to resistance from locals

The development comes amid Chief Minister K Palaniswami's two-week trip to London, the US, and Dubai to attract investors

The new investments will generate direct employment for 30,000 people while creating indirect job opportunities for 100,000 others

HPL is setting up an integrated refinery with units for the production of paraxylene and purified terephthalic acid (PTA) in the first phase

NOCL has revealed that the three prospective bidders have submitted their Expression of Interest (EoI) for submission of their Scheme for revival under the Section 230 of the Companies Act, 2013

With this, the interim stay on the liquidator calling for expression of interest for the revival of the project is expected to proceed to the next stage

Company is investing Rs 70,000 cr, the highest at the second edition of 'Make in Odisha'

The High Level Clearance Authority (HLCA) headed by chief minister Naveen Patnaik gave its nod to the proposal which HPL submitted on March 1, 2019

The country's eastern region has the potential to attract Rs 30,000 crore investments in the petrochemicals sector by 2030