Mittal threat to stop work on refinery

NEW DELHI, March 29 (PTI) : Steel czar Lakshmi N Mittal has threatened to stop work on the Rs 18,919-crore oil refinery project at Bhatinda in Punjab unless the state government restored fiscal incentives it took away a few years ago.Mittal is believed to have written to the Prime Minister Manmohan Singh seeking his ‘personal’ intervention in the issue that has threatened the viability of the 9 million tons a year refinery project.Sources in the know of the development said Mittal earlier this month wrote to Prime Minister Manmohan Singh demanding fiscal concessions at par with what the Madhya Pradesh government has given to the Bharat Petroleum-promoted Bina refinery project.