Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

HPCL gets environment clearance to set up LPG plant in Bihar

HPCL has received the environment clearance for setting up of a new LPG plant, with bottling and storage facilities in East Champaran, Bihar with an investment of Rs.136.4 crore.

According to the proposal, HPCL proposes to construct mounded storage vessels with a capacity of 1,050 tonnes and bottling capacity of 120 tonnes per annum, in an area of 30 acres in Panapur and Kubeya villages in East Champaran district.

The objective of the project is to expand rural penetration of bottled LPG cylinders in Bihar in a safe and environmental-friendly way. Furthermore, as per an official, “The Union Environment Ministry has cleared the HPCL’s proposal and granted the environment clearance to the company with some conditions.”

Read EquityPandit’s Technical Analysis of Nifty Energy 

Get Daily Prediction & Stocks Tips On Your Mobile