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This is an archive article published on November 26, 1998

Petrofils reprieve

VADODARA, Nov 25: Petrofils, the country's only textile co-operative, earned a respite from power disconnection on Wednesday following a Guj...

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VADODARA, Nov 25: Petrofils, the country8217;s only textile co-operative, earned a respite from power disconnection on Wednesday following a Gujarat High Court stay on such a move till December 5.

Petrofils, which is in financial trouble, is due to pay Rs 15 crores to the Gujarat Electricity Board and the Gujarat Industries Power Corporation Limited. Petrofils is also promoter company of the GIPCL.

 

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