Assam Investment: Assam to invest Rs 823 crore as additional equity for Numaligarh Refinery expansion
The Assam government has approved an investment of INR 823 crore ($112m) as additional equity in Numaligarh Refinery Ltd's expansion project. Under the Right Issue of Additional Equity Share of 74.8 million shares, the government will release INR 205.73 crore towards the first call against the total right shares worth INR 7,823 crore.
Source: indiatimes.com