March 21, 2018 / 1:04 PM / 6 months ago

BRIEF-Oil India Signs MoU With Assam Govt For Methanol & Formaldehyde Project

March 21 (Reuters) - Oil India Ltd:

* ASSAM PETRO-CHEMICALS LTD IN PROCESS OF IMPLEMENTING 500 TPD METHANOL AND 200 TPD FORMALDEHYDE PROJECT

* ASSAM PETRO-CHEMICALS LTD, ASSAM GOVERNMENT, CO SIGNS MOU FOR THE PROJECT WHICH INVOLVES TOTAL COST OF 13.37 BILLION RUPEES

* CO'S TO CONTRIBUTE 2.42 BILLION RUPEES FOR 49 PERCENT EQUITY PARTICIPATION IN ASSAM PETRO-CHEMICALS LTD Source text - bit.ly/2IIgx7s Further company coverage:

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