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Kakinada update

ONGC has decided to exit from the Kakinada refinery and petrochemicals project. But the project is alive as the GMR group remains interested.

I think ONGC made the right decision. It will be interesting to see if GMR will be able to improve the project's economics.

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This page contains a single entry from the blog posted on June 26, 2008 4:03 AM.

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