Business Standard

Nanar:Sena netas register protest against pact at Cabinet meet

Image

Press Trust of India Mumbai
Shiv Sena ministers today registered a protest against an MoU signed in connection with the USD 44 billion refinery project in Maharashtra at the Cabinet meeting held here, Transport Minister Diwakar Raote said.
The Sena ministers took objection to the MoU signed between Abu Dhabi National Oil Company (ADNOC) and Saudi Aramco to take a stake in the planned refinery in the Konkan region, he told reporters after the weekly Cabinet meeting.
Sena has been staunchly opposing the project claiming that it would destroy the fragile ecology of the region.
Industries Minister Subhash Desai had yesterday said that the state government was not taken into confidence before the MoU was signed.
Raote said the party ministers also met Chief Minister Devendra Fadnavis on the issue.
Fadnavis told the ministers that he would discuss the issue with Subhash Desai, Raote said.
However, officials in the Chief Minister's Office (CMO) said that the Nanar refinery issue was not discussed in today's meeting.
Saudi Aramco and ADNOC signed the pact on Monday to jointly develop and build the integrated refinery and petrochemicals complex at Nanar in coastal Ratnagiri district.
Aramco and ADNOC will together hold 50 per cent stake in the project, while the remaining half will be split between state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL).

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 27 2018 | 6:11 PM IST

Explore News