BORL

AcronymDefinition
BORLBharat Oman Refineries Limited (joint venture; India)
BORLBiomedical Optics Research Laboratory (UK)
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We expect BPCL's net leverage (net adjusted debt/operating EBITDAR including BORL on a proportionately consolidated basis) to rise to 2.4x in FY19 (FY18: 2.2x), before falling below 2.0x thereafter.
Its completion on time was made easier by OOC's injection of more into BORL. In 2006, when BPCL worked on the Bina project, OOC had paid $15m for the 2% stake.
BORL is a 50:50 joint venture between BPCL and Oman Oil, which operates a 6 million tonnes a year refinery at Bina in Madhya Pradesh.
It noted that the BPCL and BORL are among the biggest oil refining companies in India, with a total combined refining capacity of up to 670,000 barrels per day.
Bharat Oman Refineries Limited (BORL) is a joint venture company formed by BPCL and OOC to develop a 6 MMTPA (120,000 BPSD) refinery in the state of Madhya Pradesh (MP) in India.
It will get the remaining 24 per cent equity through an initial public offering, the dates of which are yet to be finalised, the source said adding BORL has already arranged Rs 6,400 crore loan to achieve financial closure.
Borland International $463,690,000 1800 Green Hills Rd., Scotts Valley, CA 95066 408-438-8400 Fax: 408-439-7800 Chairman: Philippe Kahn CFO: Alan Henricks Ownership: Public (BORL) Employees: 1,956 Sales/Emp.: $237,060 Established: 1983 International: 62% 1992 Rank: #5 '91-'92 Growth: -7% 1991:$499,420,000 1986:$242,309,000 1990:$421,328,000 1985:$134,822,000 1989:$369,481,000 1984:$86,542,000 1988:$381,359,000 1983:$40,020,000 1987:$326,034,000
Its completion on time was made easier by OOC's injection of additional funding to BORL. In 2006, when BPCL worked on the Bina project, OOC had paid $15m for the 2% stake.
On the investment front, there are more than 1,500 joint ventures, including some mega projects such as the Oman-India Fertilizer Company (OMIFCO) in Sur, Bharat Oman Refinery Limited (BORL) in India, the Jindal Shadeed Iron and Steel plant at Sohar, and L&T's joint ventures in Oman.
AGGREKO, the global leader in the supply of temporary power and temperature control services, has been awarded a contract to provide a rental power package to Bharat Oman Refineries Ltd (BORL).
Tickers featured: ASCL, BEAS, BMC, BORL, IBM, MSFT, ORCL, RATL, SY, TIBX, WEBM.
Location: Kero hydro desulfurization unit at borl, bina