At its meeting recently, the Board of Indian Oil Corporation Ltd (IndianOil) approved the investment for the capacity expansion of the Digboi Refinery in Assam from 0.65 MMTPA to 1 MMTPA along with related facilities at an estimated cost of Rs. 740.20 crore.
By October 2025, the project is anticipated to be put into operation.
The Digboi Refinery’s profitability would increase as a result of the capacity expansion.
The Digboi Refinery was set up at Digboi in 1901 by Assam Oil Company Ltd. The Indian Oil Corporation Ltd took over the refinery and marketing management of Assam Oil Company Ltd. with effect from 1981 and created a separate division. This division has both refinery and marketing operations.
