State Of The Economy 2017

Testing Times

Even as Assam woos businesses to set up factories in the state, traditional tea and micro units are finding the going tough

Vishal Koul

SK Barua is in a hurry. He has to catch a flight from Guwahati to Delhi at 5 in the evening. “We have proposed a project to triple our refining capacity from 3.0 MMTPA to 9.0 MMTPA and we plan to source incremental crude oil through imports,” says the director (finance) sitting in the corporate office of Numaligarh Refineries (NRL). The refinery is more than five hours away from Guwahati in upper Assam. Barua plans to meet oil ministry officials the next day to pitch for grants and discuss proposals to keep the refinery going.