West Bengal government urges SBI to release a loan for Haldia Petrochemicals

摘要

West Bengal government has decided to make an urgent pitch to the State Bank of India to save Haldia Petrochemicals Ltd. Bengal chief secretary Sa'njay Mitra will soon meet SBI chairman to plead to the country's largest bank to release a loan as soon as possible, www. telegraphindia.com. the company has been losing heavily because of low capacity utilisation. Unable to buy raw material naphtha to produce polymer, the plant is operating at barely at 50% cent of the installed capacity.