Haldia turns dear for giants

Kolkata: Major state owned oil giants and private players have shown their interest in buying out West Bengal governments stake in Haldia Petrochemicals Ltd (HPL). According to West Bengal Industrial Development Corporation (WBIDC), several big companies both in the public and private sectors had shown keenness to participate in the bidding process, Companies which had submitted EoIs were Indian Oil Corporation, ONGC and GAIL from the public sector. From the private sector Reliance Industries, Cairn India and Jindal Petroleum had shown interest, the sources in WBIDC said.