Kochi: Giving a big boost to the projects being envisaged by CIAL Infrastructure Limited, the subsidiary of CIAL, the Bharat Petroleum Corporation Limited has evinced interest in a stake in the company. The CIAL board of directors’ meeting held on Saturday gave the green signal for such investments.
The BPCL chairman- cum-managing director R K Singh will come on July 6 to Nedumbassery to hold discussions with CIAL top brass, including managing director V J Kurien, in this regard. The Rs 70 crore BPCL pipeline project to directly take ATF to the airport will also be commissioned on July 6.
The current capital of CIAL Infrastructure Limited is Rs 50 crore, which is held by CIAL itself. A few other firms too have evinced interest in taking stakes, but the discussions are at a very early stage, said sources.
01/07/13 Vinod Nedumudy/Deccan Chronicle
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The BPCL chairman- cum-managing director R K Singh will come on July 6 to Nedumbassery to hold discussions with CIAL top brass, including managing director V J Kurien, in this regard. The Rs 70 crore BPCL pipeline project to directly take ATF to the airport will also be commissioned on July 6.
The current capital of CIAL Infrastructure Limited is Rs 50 crore, which is held by CIAL itself. A few other firms too have evinced interest in taking stakes, but the discussions are at a very early stage, said sources.
01/07/13 Vinod Nedumudy/Deccan Chronicle
