RIL, HPCL to run sugar mills in Bihar

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The Mukesh Ambani-led Reliance Industries Ltd, PSU giant Hindustan Petroleum Corporation Ltd (HPCL), besides Rollcon and a state-based industry were awarded financial contracts for reviving 6 of the 13 state-run sugar mills in Bihar.

These companies emerged successful financial bidders for acquiring the assets of these mills on long-term lease, State Sugarcane Development Minister Nitish Mishra said.

While Reliance Industries Ltd won the bid for revival of Motipur sugar mill, Hindustan Petroleum Corporation Ltd got the contracts for Sugauli, Hathua and Lauria.

New Delhi-based Rollcon Projects won the bid for a fifth closed mill at Lohat, while S S Infrastructure, Darbhanga, got a mill at Rayani.

In total, 13 defunct Bihar state sugar corporation mill were snapped up by highest bidders on long-term lease.