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Ril Plans Lpg Pipeline, Cng Outlets In Kerala

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Suresh Menon BUSINESS STANDARD

Reliance Industries (RIL) has expressed interest in setting up some crucial projects in oil, infotech and infrastructure sectors in Kerala and the same would be announced at the first-ever Global Investors Meet (GIM) slated for January 18 and 19 in Kochi.

A Kerala State Industrial Development Corporation (KSIDC) official said some of the projects being contemplated by RIL include an LPG supply pipeline, compressed natural gas (CNG) retail outlets across the state, a gas-based power project and even rebuilding of bus stations with commercial complexes.

Reliance chairman Mukesh Ambani, the only industrialist from India who would be speaking at the function to be inaugurated by Prime Minister A B Vajpayee, is expected to officially unveil the broadband optical cable network of Reliance Infocomm from Thiruvanathapuram to Kasargod.

 

The state government has also held talks with industrial majors such as Tatas, Mahindra and Mahindra, among others, on making investments in Kerala.

Essar Constructions, Industrial Leasing & Financial Services, British Punj, Dolomoite Bernard and ARA Corporation are among the 32 top companies that have expressed interest in implementing 12 of the 40 projects for which expression of interest (EOI) were invited by KSIDC during the last one year.

Among leading multinational corporations, Rolls Royce and British Telecom are the one that have shown interest in setting up projects in Kerala.

According to the KSIDC official, while Rolls Royce is keen on putting up an aircraft maintenance facility in Nedumbassery airport and British Telecom is said to be planning a telecommunication networks.

Meanwhile, in what could be termed as a major achievement of the UDF government, chief minister A K Antony, after visiting the campus of Infosys Technologies on January 7 said that the Indian software major

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First Published: Jan 16 2003 | 12:00 AM IST

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