Home
About Us
Projects
Corporate
Contact Us
Site Map
Tenders
     
Photo Gallery
Corporate
 
PURPOSE & OBJECTIVES OF CREDA-HPCL BIOFUEL LIMITED
HPCL and CREDA agreed that they shall form and cause to incorporate a JV Company for operationalizing the Agreement and agree to pursue the Business for which JVC by CREDA will enter into a separate License Agreement on the terms mutually agreed upon by which land would be licenses to JVC by CREDA for a period of 30 (thirty) years pursuant to the Government of Chhattisgarh vide notification No. F-4-59/2005/Seven/06 dated 1st September, 2006.
CAPITAL STRUCTURE
HPCL and CREDA have ensured the equity share capital in the following proportions:
Party
Percentage of Shareholding
HPCL
74%
CREDA
26%
Domain Registration Powered by BigRock
Technology Engine : DQUIP