Nagarjuna to complete Rs 20 bn project by 2016

Nagarjuna Group’s Nagarjuna Oil Corporation will complete the proposed expansion of its refinery at Cuddalore by 2016. Work on the Rs 12,000 crore expansion project, which will raise the capacity of the refinery to 15 mn tonne, will begin in 2014. Tamil Nadu Industrial Development Corporation formed a JV with the Hyderabad-based company for the refinery project.Contact: Nagarjuna Oil Corporation Ltd.Tel: 044-2843 1000. Website: www.nocl.co.in