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Industry & Economy
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Petroleum
BPCL's Manmad unit sealed
Mumbai, May 23
Aunit of Bharat Petroleum Corporation Ltd at
Manmad, near Nashik, was sealed on Friday by the
Manmad Municipal Corporation for non-payment of Rs
23 crore as export fee. BPCL has storage tanks at
Panewadi village, on the outskirts of Manmad town. The
company supplies petroleum products from this facility
to north and western India. A senior BPCL official
confirmed that about a week ago reconciliation talks were
held with the local municipal authorities. The company
has approached the Bombay High Court, seeking
immediate relief. The hearing will be on Saturday. - Our
Bureau
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