KOCHI: Public sector Bharat Petroleum Corporation Ltd (BPCL) has dumped its Rs 11,130 crore Polyols project in Kochi and is replacing it with a more promising Polypropylene project, senior officials said.
In a filing to stock exchanges early this month, BPCL had said the company was not pursuing the Polyols project due to revised cost estimates, which are much higher than the original estimate.