12.07.2015 Views

Petroleum Ministry note on shale gas for wider ... - GAIL (India)

Petroleum Ministry note on shale gas for wider ... - GAIL (India)

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Big names eye stake in Ha!dia PetroKolkata,JthneilPStJs and major private players have evinced interestin buying out West Bengal Government's stake inHaldiaPetrochemicalsLtd (HPL), which hasbeen put <strong>on</strong>the blok. 'The last date <strong>for</strong> ubrnissi<strong>on</strong> of expressi<strong>on</strong> ofinterest was yesterday. Several big companies both in thepublic and private sectois had sho*hkeenness toparticipate in the bidding process," the sources in WestBengal Industrial Development Corporati<strong>on</strong> told PTI.Companies which had submitted Eols were <strong>India</strong>n Oil,ONGC and <strong>GAIL</strong> fromthe public sector. From the privatesector Reliance Industries, Cairn <strong>India</strong> and Jindal<str<strong>on</strong>g>Petroleum</str<strong>on</strong>g> had Thown interest, the sourcessaid. TheState Gdvernment, which holds nearly 40 per cent stakein HPL, has appointed Deloitte as transacti<strong>on</strong>aladviserthrough its investment promotioh arm WIBIDC to seekEols. PTI-

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