No provision for Rs 2000 cr interest on tax yet: Essar Oil
Essar Oil, which recently has decided to exit corporate debt restructuring, spelt out the roadmap for the company in this regard in an exclusive interview with NDTV. Lalit Gupta, MD & CEO of the private sector refiner says that the CDR facility will be replaced with a new debt facility of about Rs 9,400 crore on mutually acceptable commercial terms from its group of lenders.
