{"id":493898,"date":"2022-05-27T10:45:03","date_gmt":"2022-05-27T05:15:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493898"},"modified":"2022-05-27T10:45:03","modified_gmt":"2022-05-27T05:15:03","slug":"ril-hpcl-mittal-energy-jindal-group-among-jbf-petro-suitors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-hpcl-mittal-energy-jindal-group-among-jbf-petro-suitors\/","title":{"rendered":"RIL, HPCL-Mittal Energy, Jindal group among JBF Petro suitors"},"content":{"rendered":"<p>Reliance Industries, an HPCL-Lakshmi Mittal joint venture and two Jindal group companies are among seven entities that have shown interest in buying bankrupt JBF Petrochemicals, a purified terephthalic acid (PTA) manufacturer with outstanding debt of \u20b94,700 crore, according to multiple sources.<\/p>\n<p>Others said to be in the running are a consortium of ONGC NSE -4.61 % and Indian Oil NSE -0.09 %, GAIL NSE -0.86 %, and MCPI, a Kolkata-based company that is the second largest producer of PTA in the country after Reliance Industries NSE -1.07 %. The two Jindal group companies include one run by Naveen Jindal and the second by his uncle BC Jindal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries, an HPCL-Lakshmi Mittal joint venture and two Jindal group companies are among seven entities that have shown interest in buying bankrupt JBF Petrochemicals, a purified terephthalic acid (PTA) manufacturer with outstanding debt of \u20b94,700 crore, according to multiple sources. Others said to be in the running are a consortium of ONGC NSE -4.61 % and Indian Oil NSE -0.09 %, GAIL NSE -0.86 %, and MCPI, a Kolkata-based company that is the second largest producer of PTA in the country after Reliance Industries NSE -1.07 %. The two Jindal group companies include one run by Naveen Jindal and [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-493898","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=493898"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493898\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}