|
Patna, (Bihar Times): The state government on Sunday signed a Memorandum of Understanding (MoU) with the Hindustan Petroleum Corporation Limited (HPCL) for the take-over of two sugar mills at Sugauli (East Champaran) and Lauriya (West Champaran). They would start functioning in next two years.
According to the MoU the two companies would be taken over 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 the signing of MoU 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 the revival of closed sugar mills.
He 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.
He thanked the HPCL and said that it was important for him that ethanol would be produced along with sugar from these two units of HPCL.
Centre gives ONGC contract for oil exploration in Bihar
Patna (BiharTimes): The Ministry of Petroleum and Natural Gas has awarded the contract to Oil and Natural Gas Corporation for oil exploration in Ganga basin area of Bihar.
According to the Petroleum Secretary R S Pandey the ONGC would start its exploration work in next one month time and the process would be completed within 3-4 years. He said even Cairn
Energy has got some oil exploration work in Samastipur area of the State.
comments...
| 
