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Technip Energies secures contract from IOCL
Infrastructure - Jun 25,2024
Technip Energies N.V. has secured a significant contract from Indian Oil Corporation Limited for the Paradip petrochemical complex in India. Valued between 50 million Euros to 250 million Euros, the c .

IOCL's arm to build one GW RE capacity, invest Rs 5,215 crore
Power Generation - May 02,2024
Indian Oil Corporation (IOCL) intends to invest Rs 5,215 crore in developing one gigawatt (GW) of renewable energy capacity, encompassing standalone ground-mounted solar projects, onshore wind project .

IOCL issues tender for 10 KTPA green hydrogen plant
Petroleum - Apr 09,2024
Indian Oil Corporation Limited seeks proposals for a 10 KTPA green hydrogen unit at its Panipat refinery complex under a BOO model. Bidders must deposit Rs 54.9 million and demonstrate experience in .

IOCL, Panasonic to form joint venture to make lithium-ion cells
Petroleum - Apr 01,2024
Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of .

Indian Oil cancels tenders for 10 KTA-green hydrogen unit
Infrastructure - Feb 28,2024
Indian Oil Corporation cancelled its tender for a green hydrogen plant in Haryana's Panipat Refinery due to lack of response and alleged bias favoring a joint venture involving IOCL. The Independ .

MoUs worth Rs 10,304.91 crore signed for food processing in Bihar
Food Processing - Dec 15,2023
The Bihar government signed MoUs with 38 companies, securing investments totaling Rs 26,429 crore in sectors like textile, leather, food processing, and general manufacturing. Notable commitments incl .

IOC raises Panipat refinery expansion cost by 10 per cent
Petroleum - Dec 04,2023
Indian Oil Corporation (IOC) revises Panipat refinery expansion cost to Rs 36,225 crore, a 10% increase, and delays completion to December 2025. The 15 million tonnes per year refinery, 100 km north o .

Tripura’s greenfield depot by IOCL to be completed by 2025
Petroleum - Dec 01,2023
Tripura Food, Civil Supplies, and Consumer Affairs Minister, Sushanta Chowdhury, announced that the Indian Oil Corporation Limited (IOCL) aims to complete the construction of a greenfield depot with a .