Amit Mitra meets bankers to seek financial help for HPL

West Bengal Industry Minister Amit Mitra today met bank representatives to seek financial support for ailing Haldia Petrochemicals Limited.

"Today we had a very fruitful meeting with the lenders (bankers) and the outcome is positive," Mitra told reporters here after the meeting.

Mitra, also the state Finance Minister, was given the charge of the industry portfolio recently replacing Partha Chatterjee.

Mitra said some members of the consortium of banks had extended a loan of Rs 340 crore for current working capital needs.

"We are urging other banks of the consortium to extend assistance as well," he said.

The company was facing serious financial crunch following which HPL was operating at much below rated capacity.