West Bengal to appoint advisor for Haldia Petro share sale

摘要

The West Bengal government will appoint an advisor for sale of its shares in Haldia Petrochemicals Ltd. (HPL), the state Industry Minister, Mr. Partha Chatterjee informed. The government has decided to sell the shares and the entire process would be completed by the end of March 31, 2013. The state government owns around 39% equity in HPL, which is facing a funds crunch at present.