Haldia Petrochemicals Ltd. is forced running on a lower capacity

India’s largest petrochemical company Haldia Petrochemicals (HPL), is on a rise as a “forced running” of the plant on a lower capacity is causing a loss of more than Rs 130 crore per month, while Japanese major Toyo Engineering , which looks into the technical aspects, has withdrawn the performance guarantee of the plant . The plant’s capacity utilisation was below 50 per cent for the last two months. According to sources, the state government is forcibly running the plant suffering a

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