(PTI)
Indian Oil Corporation, equity partner in the proposed mega West coast refinery, has held many rounds of talks with the new Maharashtra government and is hopeful of the project coming on-stream, a top company official said. The statement from Indian Oil Chairman Sanjiv Singh comes amidst local media reports that people in the Nanar region, where the USD 60 billion-plus project was originally planned and then shelved following opposition from the Shiv Sena when it was part of the previous BJP government, are demanding the refinery come up in their area now.
Shiv Sena leader and Chief Minister Uddhav Thackeray has shelved many large projects announced by the last BJP-Sena government. Thackeray has put on hold Prime Minister Narendra Modi’s pet bullet train project, and has also not given the go-ahead for the world’s first Hyperloop project that seeks to connect Mumbai with Pune and reduce travel time to flat 20 minutes from over 3 hours now.
