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Bengal Govt Plans New Hpl Strategy

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:58 AM IST

The government of West Bengal (GoWB) is working on a gameplan that will give it time to induct a long-term investor in Haldia Petrochemicals (HPL) following the apparent collapse in efforts to rope in Indian Oil Corporation (IOC).

The investor may be offered controlling stake and management control if the terms suit the promoters. HPL

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