GAIL India has expressed an interest to the West Bengal government to acquire an equity partnership in a downstream project Haldia Petrochemicals (HPL). A Rs 4,000 crore investment plan in eight different projects was announced by The Chatterjee Group (TCG) chairman. This investment outlay will be made over 36-40 months and will include butine-1, ethylene propylene diene monomer (EPDM), styrene-butadiene rubber (SBR) and maleic anhydride.
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