News On Projects
Products & Services
Projects Database
Tenders Database
E - Newsletter
EPXonline.com
Project Financing
Contracts & Awards
Energy
Electricity
Mining
Oil & Gas
Infrastructure
Airport
Port
Railway
Road
Freezone
Construction
Manufacturing
Cement
Engineering
Automobile
Plastic
Metal
Textile
Paper & Packaging
Leather
Sugar
Edible Oil
Electrical & Electro
Processing
Chemical
Drugs & Pharma
Fertiliser
I-C-T
Communication
IT
Telecom
Water
Pump Station
Water Treatment
Water Supply
Hospitality
Hotel
Restaurant
Resort
Entertainment
Sports
Multiplex
Theme Park
Food & Beverages
Hospital
Service
Social
Science
Irrigation
Government
Policy
Economic Indicators
Company News
Commerce
Miscellaneous
News Uploaded On : Monday, January 19, 2009 9:54:31 AM IND Back  |  Latest Projects  |  Latest Tenders
 
 E-mail this to a friend        Printable version       Story Viewed 25860 Times
HPCL to take over two sugar mills in Bihar
Patna: Bihar inched forward on the process of reviving and expanding the agro-based industries in the state with the signing of MoU between state government and Hindustan Petroleum Corporation (HPCL) for the take-over of two sugar mills at Sugauli and Lauriya.

These mills would start functioning in next two years.

The Memorandum of Understanding (MoU) was signed between Bihar government and HPCL, for the take-over of Sugauli sugar mill in East Champaran and Lauriya Sugar Mill in West Champaran for 60 years lease (which could be extended for next 30 years).

The Chief Minister, Mr Nitish Kumar, who was present on the occasion of MoU signing programme, said “it was a grand beginning as the gate which was closed has, now opened after three difficult years during which the government made serious efforts for th e revival of closed sugar mills”

Mr Kumar said the state's core competence was agriculture and hence the government wanted to establish agro-based industries in the state as it has great potential to flourish.

Thanking HPCL for keeping its words despite Centre's move on ethanol, Mr Kumar said “it is important for me that ethanol will be produced along with sugar from these two units of HPCL”.

Hinting towards Reliance Industries' bid on Motipur Sugar Mill in Muzaffarpur, he also expressed hope that the two successful private bidders would also come forward soon for the take-over of the mills.

Post your comments:

Your name: *
E-Mail Id:
E-mail ID will not be published
Comment: *
Maximum 500 Characters
    
Related Stories
Dalmia Bharat Sugar to invest Rs. 150 crore on expansion.
EID's AP sugar refinery to start production.
EID-Parry's port-based sugar refinery to go on stream soon.
UK-based ED&F joins hands with Simbhaoli.
Maharshtra govt cleared 192 sugar mill projects worth Rs.9,000 Crores
SSL to set up greenfield sugar unit
Ponni Sugars to build cogen plant
EMPSC to set up second sugar unit
DSCL developing new integrated sugar mill complex
Skywalk planned in Sikkim
RELATED PROJECTS & TENDERS
ADVERTISEMENT
MOST POPULAR STORIES NOW
For all enquiries please contact
Tel: 022 - 25961254, 25960909
Mobile: 9821464666/09751178830
Mail: marketing@newsonprojects.com

OUR OTHER PRODUCTS & SERVICES:    Projects Database   |   Project e-Newsletter   |   Tenders Database   |   Commissioned Power Plants   |   Company Index
About Us   |   Contact Us   |   Terms of Use   |   Advertise with Us   |   Privacy Policy   |   Disclaimer   |   Feedback