ONGC-Indian Oil, GAIL and MCPI submit bids for bankrupt JBF Petro

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Three others – Reliance Industries (RIL), a consortium of HPCL-Mittal Energy and BC Jindal Group’s Jindal Poly Films – which had submitted expressions of interest have stayed away from placing formal bids for the chemicals company, the people said on condition of anonymity as the information is still private.

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