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SIPB gives nod to Rs 1.82 lakh crore investments
Petroleum - Jan 02,2025
The State Investment Promotion Board, chaired by Andhra Pradesh CM N Chandrababu Naidu, approved investments worth ₹1.82 lakh crore across nine projects, creating 2.63 lakh jobs. Key among these is .

IOCL to invest over Rs 21,000 crore to expand Bihar refinery
Petroleum - Dec 20,2024
Indian Oil Corporation (IOCL) will invest over ₹21,000 crore in Bihar, including ₹16,000 crore to upgrade the Barauni refinery from 6 to 9 MTPA and build a polypropylene plant by 2025. Additionall .

BCL Industries invests Rs 150 crore to set up bio-energy plant in West Bengal
Petroleum - Dec 20,2024
BCL Industries is investing ₹150 crore in a bio-energy plant in Kharagpur, West Bengal, with environmental clearance secured for a 75 KLPD capacity. A similar 75 KLPD project in Bathinda, Punjab, is .

Asian Energy secures Rs 200 crore order from Assam Gas Company
Petroleum - Dec 19,2024
Asian Energy Services has secured a Rs 200 crore contract from Assam Gas Company to design, construct, own, operate, and transfer a compressor station on a BOOT basis over three years. The first compr .

BCL Inds arm gets consent to establish bio-diesel plant
Petroleum - Dec 18,2024
BCL Industries' subsidiary, Svaksha Distillery, has received approval for a 75 KLPD bio-diesel and oil extraction plant at its Kharagpur unit, with a Rs 150 crore investment. The company also sec .

Godavari Biorefineries to invest Rs 130 crore in corn-based ethanol distillery
Petroleum - Dec 17,2024
Godavari Biorefineries Ltd plans to invest ₹130 crore in a new 200 KLPD corn-based ethanol distillery, enhancing its production flexibility with a dual-feedstock system. The investment, financed thr .

HPCL approves modernisation project in Mumbai refinery
Petroleum - Dec 16,2024
Hindustan Petroleum Corporation Limited (HPCL) has announced a Rs 4,679 crore modernization project at its Mumbai refinery. The initiative aims to enhance production capacity and quality, increasing l .

BPCL, Coal India sign MoU for coal-to-synthetic natural gas project
Petroleum - Dec 03,2024
BPCL and Coal India signed an MoU on 2 December 2024 to explore a coal-to-synthetic natural gas (SNG) project at Western Coalfields via surface coal gasification. This collaboration aligns with India� .