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Indian Oil JV firm to raise up to Rs 1,200 crore to finance  for setting up of nearly 10 Compressed Bio Gas (CBG) plants across the country.

Indian Oil JV firm to raise up to Rs 1,200 crore to finance  for setting up of nearly 10 Compressed Bio Gas (CBG) plants across the country.

Indian Oil Corp (IOCL)   joint venture company biofuels firm GPS Renewables looks to raise up to Rs 1,200 crore, largely through debt, in the coming months to finance setting up of nearly 10 Compressed Bio Gas (CBG) plants across the country, Mainak Chakraborty, CEO and co-founder of GPS Renewables, told media .

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