CIL will hold 51 per cent in the proposed JV, while BPCL will hold 49 per cent, said the sources cited above. The project will have a debt-to-equity ratio of either 70:30 or 65:35, with each partner ...
State-run energy majors, Bharat Petroleum Corp (BPCL) and Coal India (CIL), plan to jointly invest in a Rs 12,000-crore coal gasification project in the Chandrapur district of eastern Maharashtra, ...