The World Bank-aided projects to modernise inland water transport in Assam were reviewed by state Transport Minister Chandra Mohan Patowary with representatives from the World Bank.
Gail India Limited has clarified there was no plan to shut down its LPG recovery plant at Lakwa in Assam but would convert it to supply feedstock for the petrochemical unit of Brahmaputra Cracker and Polymer Limited (BCPL) being set up at Lepetkata in Dibrugarh district.
Oil India (OIL) is a premier state-run company under the administrative control of Ministry of Petroleum and Natural Gas in the central government. The company is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. For the quarter ending September 30, 2012, the company's net profit declined 16 per cent to Rs 954.57 crore from the year-ago period.