Purnendu Chatterjee, the co-promoter of Haldia Petrochemicals Ltd (HPL) said that at least eight more projects could be set up at HPL, but only after the company stabilised. He said that a quick settlement would be good for the company which could then move on.

Locked in a bitter war over control of the three-way joint venture, Mr. Chatterjee told journalists after a meeting with the State's new Industry Minister Partha Chatterjee that he felt that a new beginning was made today and he hoped that matters could now be resolved and the company be taken forward. “We had differences of views over the last five years. There is openness and a collaborative attitude now,” he said after the meeting which was also attended by the managing director of the West Bengal Industrial Development Corporation, the industry secretary and the information technology secretary.

On the issue of resignation by the former Chairman Tarun Das, who was a mentor with CII, and was appointed by the previous government, Mr. Chatterjee said that while at the beginning there was working equation with him, the relation changed in the context of the litigation. He said that HPL Board had accepted his resignation and the matter was now with the government. The state IT sector which also met Mr. Chatterjee, who also holds this portfolio, said that they would prepare an agenda paper for the new minister.