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Karnataka's $6B Water Project Could Save This Oil Giant From Its $33M Loss

Reading time: 3 min • Jul 18, 2025, 09:38 PM (UTC)

Key Points

  • Karnataka's ₹5,000 crore water infrastructure project aims t...

Karnataka just announced a water infrastructure project worth ₹5,000 crore ($6 billion) while Mangalore Refinery and Petrochemicals Limited (MRPL) posted a loss of ₹272 crore ($33 million) in Q1. At first glance, these stories seem about as related as a fish and a bicycle, but savvy investors might spot an opportunity hiding in this unlikely pairing.

When Life Gives You Floods, Build Better Drains

The Karnataka Water Security and Resilience Project (KWSRDP) isn't just another government spending spree. Starting April 1, 2025, this World Bank-funded initiative aims to tackle Bengaluru's w...

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