IOC-Adani joint venture to pick up 50% in Mundra LNG
A NEWLY-formed joint venture between India’s largest refiner, the state-owned Indian Oil Corp, and the Ahmedabad-based Adani group, is to take a 50% equity stake in a new 5m tonnes-per-annum liquefied natural gas receiving terminal at Mundra port, writes Shirish Nadkarni.
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