The Investment Corporation of Andhra Pradesh (InCAP), Gujarat State Petroleum Corporation and IDFC Private Equity Fund will hold the balance stake with 11 per cent each.
RIL will sign shareholder’s agreement with the state government next week, state economic adviser D V Somayajulu told after a high- level review meeting with Andhra Pradesh Chief Minister S Rajasekhara Reddy.
Published 04 August 2009, 16:09 IST