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Govt ready to help revive Nagarjuna oil refinery: Dharmendra Pradhan

Nagarjuna Oil Refinery earlier said it was in talks with prospective investors, including state-run firms, Saudi Arabia

Dharmendra Pradhan

MoS for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan addresses the KPMG in India’s Annual Energy Conclave "Enrich 2015" in New Delhi. Photo: PTI

Reuters New Delhi

India's oil minister said on Monday that the government was ready to help with the revival of projects including Nagarjuna Oil Refinery Ltd.

"The government will support any project, within the legal framework, to boost the country's oil sector. The Nagarjuna refinery is also one of these projects," Dharmendra Pradhan told CNBC's Hindi-language news channel.

Nagarjuna Oil Refinery earlier said it was in talks with prospective investors, including state-run firms and the royal family of Saudi Arabia, to revive the idle facility in southern India.

 

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First Published: Jun 06 2016 | 12:31 PM IST

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